Clothing Accessories & Other Clothes - Southern Africa

  • Southern Africa
  • In 2024, the revenue generated in the Clothing Accessories & Other Clothes market in Southern Africa amounts to US$116.60m.
  • This market is projected to grow at an annual rate of 3.50% from 2024 to 2029 (CAGR 2024-2029).
  • When compared globally, in China generates the highest revenue in this segment, with US$4,469m in 2024.
  • In terms of per capita revenue, in Southern Africa generates US$1.67 per person in 2024.
  • By 2029, the volume in the Clothing Accessories & Other Clothes market is expected to reach 108.5m pieces units.
  • Additionally, there is an anticipated volume growth of 0.4% in 2025.
  • The average volume per person in the Clothing Accessories & Other Clothes market is expected to be 1.5pieces units in 2024.
  • In Southern Africa, traditional beaded jewelry and accessories are experiencing a revival, as they are increasingly sought after for their cultural significance and unique craftsmanship.

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

 
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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.

Overview

  • Revenue
  • Sales Channels
  • Volume
  • Key Players
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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