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Neckwear Market Research 2025 Report by Global Size, Share, Trends, Type, Application

The global neckwear market size is expected to register revenue of USD 4.2 Billion by the end of 2025, according to a new report by Million Insights. It is expected to grow with a CAGR of 2.1% from 2019 to 2025. This growth can be attributed to rising demand for ties on formal and casual dresses. Moreover, the desire of manufacturers to produce products with boutique brands is anticipated to fuel market growth.

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Market Synopsis of Neckwear Market:

The shifting trend for wearing neckties to enhance the professional look is becoming popular among the millennial population. Thus, key players in this market focus on product development and innovation to launch a variety of products based on patterns, colors, designs, and materials. For example, a Guatemalan manufacturer named Korbata, launched a collection named Nawales to boost the sales of their products.

The segment of the self-tied wearing type held the largest share across the global market, in 2018 owing to its feature of convenience of wearing. Moreover, the pre-tied neckwear segment is anticipated to register the highest CAGR of 2.7% from 2019 to 2025 due to its time-saving feature and ease of wearing.

The segment of neckties held the largest share in the global neckwear market during 2018 owing to rising adoption of neckwear products during formal occasions at offices and workplaces. Moreover, rising number of professionals like students, bankers, and hotel employees is anticipated to pave way for the demand for neckties during the forecasted years, 2019 to 2025. The bow ties segment is anticipated to register the highest CAGR in the upcoming years.

The key players in this market are Giorgio Armani S.p.A.; PVH Corp.; Vineyard Vines; Brackish Brand; LVHM. They also help the consumers in selecting proper neckwear products as per the desired specifications. They are also introducing neckwear products having different floral designs, brushed flannels, knits, and Donegal wools.

View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-neckwear-market

Table of Contents:-

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Neckwear: Market Variables, Trends & Scope              

Chapter 4 Neckwear: Product Estimates & Trend Analysis

Chapter 5 Neckwear: Application Estimates & Trend Analysis

Chapter 6 Neckwear: End-use Estimates & Trend Analysis

Chapter 7 Neckwear: Industrial End-use Estimates & Trend Analysis

Chapter 8 Neckwear: Regional Estimates & Trend Analysis

Chapter 9 Competitive Landscape

Chapter 10 Neckwear: Manufacturers Company Profiles

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