Saudi Arabia Neckwear Market (2025-2031) | Trends, Growth, Share, Industry, Revenue, Analysis, Companies, Value, Outlook, Forecast & Size

Saudi Arabia Neckwear Market Synopsis

The Saudi Arabia neckwear market is expected to witness a CAGR of 4.7% during the forecast period (2025-2031). Neckwear includes items such as ties, bowties and cravats, which are considered an essential part of formal wear in Saudi Arabia. The increasing demand for fashionable clothing is driving the growth of the neckwear market in the country. Additionally, growing tourism activities, development of modern retail formats and rising disposable incomes have further boosted sales in this sector.

Market Drivers

Increasing Demand for Fashionable Clothing: The major driver propelling growth in the Saudi Arabia neckwear market is the increasing demand for fashionable clothing among people living in urban areas. Consumers are willing to pay more for better quality products with stylish designs and patterns that enhance their overall look while attending formal occasions or gatherings like weddings and business meetings. This has resulted in increased sales of high end tie brands across all channels including department stores, specialty stores etc., thus boosting revenue growth from these sources over time.

Challenges of the Market

Intense Competition From Unbranded Products: Intense competition from unbranded products poses a major challenge to branded ones operating within this industry segment due to lower pricing strategies adopted by manufacturers or suppliers of such goods coupled with availability at nearby local markets or online shopping portals resulting into loss of potential customers gradually over time leading towards reduction on overall revenues generated from this category specifically over short term basis.

Covid 19 Impact on the Market

Due to COVID-19 outbreak led measures implemented globally such as lockdown restrictions imposed many countries greatly affected businesses operations particularly those associated with non essentials goods categories mainly comprising apparels , jewellery items alongwith accessories like watches , bags & wallets which resulted drastic decline terms both production & consumption based activites recorded during 2025 so far consequently causing negative impacts upon profits earned throughout fiscal year 2025 .

key players of the Market

Some key players dominating the Saudi Arabia neckwear market include Brooks Brothers Group Inc., and HMH.

Key Highlights of the Report:

• Saudi Arabia Neckwear Market Outlook
• Market Size of Saudi Arabia Neckwear Market, 2024
• Forecast of Saudi Arabia Neckwear Market, 2031
• Historical Data and Forecast of Saudi Arabia Neckwear Revenues & Volume for the Period 2021-2031
• Saudi Arabia Neckwear Market Trend Evolution
• Saudi Arabia Neckwear Market Drivers and Challenges
• Saudi Arabia Neckwear Price Trends
• Saudi Arabia Neckwear Porter's Five Forces
• Saudi Arabia Neckwear Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Neckwear Market Revenues & Volume By Product for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Neckwear Market Revenues & Volume By Neckties for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Neckwear Market Revenues & Volume By Bowties for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Neckwear Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Neckwear Market Revenues & Volume By Wearing Type for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Neckwear Market Revenues & Volume By Self-tied for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Neckwear Market Revenues & Volume By Pre-tied for the Period 2021-2031
• Saudi Arabia Neckwear Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Wearing Type
• Saudi Arabia Neckwear Top Companies Market Share
• Saudi Arabia Neckwear Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Neckwear Company Profiles
• Saudi Arabia Neckwear Key Strategic Recommendations