As fashion trends evolve, the demand for neckties is seeing shifts across various segments, driven by changing consumer preferences, emerging markets, and evolving work environments. According to Dataintelo’s latest report, the global necktie market was valued at USD 5.2 billion in 2023 and is expected to reach USD 7.5 billion by 2032, growing at a CAGR of 4.3% from 2023 to 2032.