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.
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 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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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.
Menswear
This is the aggregation of men's outerwear and men's underwear, nightwear and swimwear.
See all of our definitionsThis report originates from Passport, our Menswear research and analysis database.
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