Market Insights Consumer Apparel Children's Apparel

Clothing Accessories & Other Clothes - Costa Rica

Costa Rica

In Costa Rica, the revenue generated in the Clothing Accessories & Other Clothes market amounts to US$17.55m in 2024.
It is projected that this market will experience an annual growth rate of 2.97% (CAGR 2024-2029).
When compared to other countries globally, in China generates the highest revenue in this segment, with US$4,469m in 2024.
In terms of per capita figures, each person in Costa Rica is expected to generate revenues of US$3.35 in 2024.
Looking specifically at the Clothing Accessories & Other Clothes market, the volume is projected to reach 6.7m pieces by 2029.
There is an expected volume growth of 1.1% in 2025.
On average, each person in Costa Rica is expected to have a volume of 1.2pieces in the Clothing Accessories & Other Clothes market in 2024.
Costa Rica's market for Clothing Accessories & Other Clothes is thriving, with a growing demand for handmade, eco-friendly products that reflect the country's vibrant culture and natural beauty.

Key regions: China, United States, Germany, Philippines, Indonesia

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.