PROSPECTS AND OPPORTUNITIES
Rising prices, increasing taxes and uncertainty will deter men from splashing out
Prices are expected to rise over the forecast period with the introduction of higher VAT at 18% from 1st January 2025. This will push up prices and is likely to deter some men from buying new clothes.
Sportswear remains a cheaper option
Menswear apparel is likely to lose growth to sportswear in the upcoming years which tends to be a cheaper option in Israel. An increasing number of men were able to work from home in 2024 where they could wear sportswear when using their computers without the need to look smart.
Retail e-commerce to do well amid a plethora of discounts and offers in-store
Retail e-commerce is expected to do quite well over the forecast period as bricks and mortar stores battle to keep prices down and profits as high as possible. However, e-commerce is likely to slow down over the forecast period as purchases are subject to taxes when spending over US$75.
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Overview:
Understand the latest market trends and future growth opportunities for the Menswear industry in Israel with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Menswear industry in Israel, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Menswear in Israel report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Menswear in Israel?
- Which are the leading brands in Israel?
- How are products distributed in Israel?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Menswear in Israel?
- Where is future growth expected to be most dynamic?
Menswear in Israel - Category analysis
KEY DATA FINDINGS
Major fashion brands suffer from same pricing issue as in womenswear
Some technological innovation seen in menswear retailing
Increasing awareness of Yollando.com helps to boost sales
Rising prices, increasing taxes and uncertainty will deter men from splashing out
Sportswear remains a cheaper option
Retail e-commerce to do well amid a plethora of discounts and offers in-store
Apparel and Footwear in Israel - Industry Overview
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
The following categories and subcategories are included:
Menswear
- Men's Nightwear
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- Economy Men's Jeans
- Standard Men's Jeans
- Premium Men's Jeans
- Super Premium Men's Jeans
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- Men's Jackets and Coats
- Men's Jumpers
- Men's Shirts
- Men's Shorts and Trousers
- Men's Suits
- Men's Tops
- Other Men's Outerwear
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- Men's Swimwear
- Men's Underwear
Menswear
This is the aggregation of men's outerwear and men's underwear, nightwear and swimwear.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Menswear research and analysis database.
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