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Clothing Accessories & Other Clothes - Togo

Togo
  • In 2024, the revenue in the Clothing Accessories & Other Clothes market in Togo amounts to US$5.66m.
  • It is projected to grow annually by 4.48% (CAGR 2024-2029).
  • When compared globally, China generates the highest revenue in this segment, reaching US$4bn in 2024.
  • In terms of per capita figures, the revenue per person in Togo is US$0.61 in 2024.
  • Looking ahead, the volume in the Clothing Accessories & Other Clothes market is expected to reach 3.8m pieces by 2029.
  • Additionally, a volume growth of 3.0% is anticipated in 2025.0.
  • Lastly, the average volume per person in the Clothing Accessories & Other Clothes market is projected to be 0.4pieces in 2024.
  • Togo's clothing accessories market is experiencing a surge in demand for traditional African prints and handmade jewelry.

Definition:

The Clothing Accessories & Other Clothes market includes all minor clothing that cannot easily be assigned to the rest of the larger markets for children.

Structure:

The Clothing Accessories & Other Clothes market contains data regarding the following categories:

  • The Gloves market encompasses apparel that is worn to cover hands and fingers, and that can also extend up the arm for children. It excludes work gloves.
  • The Shawls & Scarves market encompasses apparel that is wrapped around the neck and can be worn to keep warm for children.
  • The Belts market encompasses flexible bands of fabric or other materials that are worn around the waist or near it.
  • The Hats & Caps market encompasses headwear accessories for children.
  • The Ties & Bow Ties market encompasses apparel that forms part of formal wear for children.
  • The Leather Clothes market encompasses apparel that is made of leather material for children.
  • The Felt, Fur & Other Clothes market encompasses clothes that are either made of felt, fur, and/or cannot be assigned to the other apparel categories.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, sustainable apparel share, and sales channels. Online channel distribution refers to the purchase of physical goods in online retail. In other words, the purchase is concluded via the internet – on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores made via telesales or mail orders (e.g., print catalogs).

For more information on the displayed data, use the info button right next to the boxes.

In-Scope

  • Gloves
  • Neckwear
  • Hats and caps
  • Shawls and Scarves

Out-Of-Scope

  • Handbags (see Accessories market)
  • Watches and jewelry (see Accessories market)

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Mar 2024

Sources: Statista Market Insights, Annual reports of key players, Desk research, Statista Consumer Insights Global

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Mar 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Key Players

Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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