Polo Shirts Market Product Type, Material Type, Application, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2020-2027
– Shankar Bhandalkar
PORTLAND, OREGON, UNITED STATES, September 22, 2021 /EINPresswire.com/ – The Global Polo Shirt Market report is expected to depict the trend and upcoming of the Polo Shirt market industry over the forecast years. The data for the Polo Shirt market report has been gathered from industry specialists / experts. Although the market size of the market is studied and forecast from 2020 to 2027, it reflects on 2019 as the base year for the market research. Attention to the market has increased over the past decades due to development and improvement.
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The polo shirt is a shirt with a three button collar and short sleeves. A polo shirt is made from a different material, but a cotton polo shirt is in high demand by the customer because of its comfort and quality. Polo shirts are also used as gaming uniforms for a player due to their comfort, style and quality. The polo shirt can be used by children, women and men. They are readily available in outlets as well as in the online market.
With the growth of the apparel industry, the online shopping websites and the change in fashion may be the factors driving the growth of the global market. Lifestyle changes and increasing use of biodegradable products are driving the growth of the global market.
However, changing preferences, income and competitive products are the factors which are creating threat for the growth of the global polo shirts market. On the contrary, increasing people’s interest in sports activities can create an opportunity for the global market. In addition, the increase in branded clothing has contributed to the growth factor.
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With rapid urbanization and digitalization, the customer is more inclined to branded products which have supported the growth of the global market. Well-established companies focus on increasing their market share and target audience through mergers and acquisitions. The rise of online platforms has caught the attention of consumers, which has increased sales as customers prefer to buy clothes from online websites. Manufacturers are also expanding their distribution channels to online and offline retail stores to improve product offerings and sales.
Geographic analysis – North America (United States, Canada and Mexico), Europe (Germany, United Kingdom, France, Italy, Spain and rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia , Thailand, Indonesia, and rest of Asia-Pacific), LAMEA (Middle East, Brazil and rest of LAMEA)
COVID-19 scenario analysis:
○ There is a drop in exports from the garment industry due to COVID-19.
○ Due to government trade restriction, sales declined and production was halted.
○ COVID-19 globally has impacted the garment industry and its effect will remain in the long term.
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The major market players described in the report include Banana Republic, Ralph Lauren Corporation, Calvin Klein, Burberry, Prada, Lacoste, Abercrombie & Fitch, Brook Brothers, Thom Browne, Tommy Hilfiger, Hugo Boss, Paul Stuart.
Main advantages of the report:
○ This study presents the analytical description of the global polo shirt industry along with current trends and future estimates to determine impending pockets of investment.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Polo Shirt market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario of the global polo shirts market.
○ Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the marketplace.
○ The report provides a detailed analysis of the global polo shirts market based on the intensity of competition and how the competition will take shape in the coming years.
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