A new report by Million Insights indicates, global men’s T-shirts market will grow at a 4.3 per cent CAGR from 2021 to 2028 to reach $ 54.1 billion by 2028. Growth will be triggered by rising demand for T-shirts from emerging economies. Shoppers are more likely to buy branded T-shirts. Rising demand for sustainable and eco-friendly T-shirts among millenials will drive growth in this segment in coming years. Demand for cotton T-shirts will also to grow in some regions.

The online segment will grow at 5.5 per cent CAGR from 2021 to 2028. Manufacturers will partner online retailers to reach out to new buyers. Sales through company-owned websites and other e-commerce platforms such as Amazon, Walmart, will also drive up growth of online distribution channel segment in the coming years.

Asia Pacific accounted for the largest revenue share of more than 40 per cent in 2020. Growing demand for T-shirts from developing countries, such as India, and China boosted demand from this region. China’s growing economy and rising purchasing power of its urban middle class will drive the future growth of this market.