Middle East & Africa Neckwear Market Size & Outlook

The neckwear market in Middle East & Africa is expected to reach a projected revenue of US$ 215.7 million by 2030. A compound annual growth rate of 1% is expected of Middle East & Africa neckwear market from 2024 to 2030.
Revenue, 2023 (US$M)
$200.7
Forecast, 2030 (US$M)
$215.7
CAGR, 2024 - 2030
1%
Report Coverage
Middle East & Africa

Middle East & Africa neckwear market, 2018-2030 (US$M)

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Middle East & Africa neckwear market, 2018-2030 (US$M)
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MEA neckwear market highlights

  • The MEA neckwear market generated a revenue of USD 200.7 million in 2023.
  • The market is expected to grow at a CAGR of 1% 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.


MEA data book summary

Market revenue in 2023USD 200.7 million
Market revenue in 2030USD 215.7 million
Growth rate1% (CAGR from 2023 to 2030)
Largest segmentNeckties
Fastest growing segmentNeckties
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNeckties


Other key industry trends

  • In terms of revenue, MEA region accounted for 5.4% 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 Scope

Neckwear market segmentation & scope

Neckwear Market Companies

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