The US market for men's and boys' separate dress and sport trousers, pants, and slacks is forecasted to decline from $65.11 million in 2024 to $57.94 million in 2028. This represents a year-on-year decrease of approximately 2.81% in 2025, 2.84% in 2026, 2.90% in 2027, and 2.92% in 2028. The compound annual growth rate (CAGR) over this five-year forecast period is a negative 2.91%. For context, the market value in 2023 was higher than in 2024, as 2024 begins a forecasted decline.
Future trends to watch for include:
- Changing fashion preferences towards casual wear impacting formal trouser demand.
- The influence of economic conditions on discretionary spending in fashion.
- Potential growth in sustainable and eco-friendly clothing lines driving new market segments.
- The impact of e-commerce and digital retailing on traditional trouser sales channels.