The forecast for men's and boys' neckwear sales in the US from 2024 to 2028 indicates a declining trend. In 2023, actual sales were recorded at 97.5 million USD. This is expected to decrease steadily, with a year-on-year decline observed throughout the forecast period: from 2024 to 2025, a decrease of 1.84%; from 2025 to 2026, a decrease of 1.83%; and continuing this trend until 2028. The compound annual growth rate (CAGR) over the forecast period is approximately -1.76%, reflecting the overall downward trend in the market.

Future trends to watch for include:

Shifts in fashion trends influencing neckwear demand.
Changes in work environment norms, particularly related to formal wear.
The rise of casual and smart-casual fashion impacting traditional neckwear sales.