Europe Neckwear Market Size & Outlook, 2024-2030
The neckwear market in Europe is expected to reach a projected revenue of US$ 872.6 million by 2030. A compound annual growth rate of 2.4% is expected of Europe neckwear market from 2024 to 2030.
Revenue, 2023 (US$M)
$744.0
Forecast, 2030 (US$M)
$872.6
CAGR, 2024 - 2030
2.4%
Report Coverage
Europe
Europe neckwear market highlights
- The Europe neckwear market generated a revenue of USD 744.0 million in 2023.
- The market is expected to grow at a CAGR of 2.4% from 2024 to 2030.
- In terms of segment, neckties was the largest revenue generating product in 2023.
- Neckties is the most lucrative product segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 744.0 million |
| Market revenue in 2030 | USD 872.6 million |
| Growth rate | 2.4% (CAGR from 2024 to 2030) |
| Largest segment | Neckties |
| Fastest growing segment | Neckties |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neckties |
| Key market players worldwide | Brooks Brothers, Armani, Ralph Lauren Corp Class A, PVH Corp, Lvmh Moet Hennessy Louis Vuitton SE, Brackish, Vineyard vines, The Tie Bar, Turnbull & Asser, Battistoni |
Other key industry trends
- In terms of revenue, Europe region accounted for 19.9% of the global neckwear market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,947.3 million by 2030.
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Neckwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Battistoni | View profile | 11-50 | Roma, Lazio, Italy, Europe | https://www.battistoni.com |
| Turnbull & Asser | View profile | 51-100 | London, England, United Kingdom, Europe | http://www.turnbullandasser.co.uk/ |
| The Tie Bar | View profile | 11-50 | Chicago, Illinois, United States, North America | http://www.thetiebar.com/ |
| Vineyard vines | View profile | 1001-5000 | Stamford, Connecticut, United States, North America | http://www.vineyardvines.com |
| Brackish | View profile | 11-50 | Charleston, South Carolina, United States, North America | https://www.brackishbowties.com/ |
| Brooks Brothers | View profile | 5001-10000 | New York, New York, United States, North America | http://www.brooksbrothers.com |
| Armani | View profile | 1001-5000 | New York, New York, United States, North America | http://www.armani.com |
| Ralph Lauren Corp Class A | View profile | 23400 | 650 Madison Avenue, New York, NY, United States, 10022 | https://www.ralphlauren.com |
| Lvmh Moet Hennessy Louis Vuitton SE | View profile | 192346 | 22, Avenue Montaigne, Paris, France, 75008 | https://www.lvmh.com |
| PVH Corp | View profile | 29000 | 285 Madison Avenue, New York, NY, United States, 10017 | https://www.pvh.com |
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