Market Insights Consumer Apparel Children's Apparel

Coats & Jackets - Malaysia

Malaysia

In 2024, the revenue in the Coats & Jackets market in Malaysia reached US$52.30m.
It is projected that the market will experience an annual growth rate of 3.81% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in China generates the highest revenue in this segment, amounting to US$2,447m in 2024.
In terms of per capita revenue, in Malaysia generates US$1.47 per person in the Coats & Jackets market in 2024.
Looking ahead, the volume in this segment is expected to reach 7.0m pieces units by 2029.
Furthermore, there is an anticipated volume growth of 3.7% units in 2025.
The average volume per person in the Coats & Jackets market is expected to be 0.2pieces units in Malaysia in 2024.
"In Malaysia, the demand for lightweight and waterproof coats is on the rise, as the country experiences frequent tropical rain showers throughout the year."

Key regions: Philippines, Australia, China, United States, Malaysia

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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.