Market Insights Consumer Apparel Children's Apparel

Dresses & Skirts - Malaysia

Malaysia

In Malaysia, the Dresses & Skirts market is projected to generate a revenue of US$22.07m in 2024.
It is anticipated that the market will experience an annual growth rate of 3.61% (CAGR 2024-2029).
When compared globally, in China leads the way in revenue generation, with an estimated amount of US$2,673m in 2024.
Taking into account the country's total population, the per person revenue in Malaysia's Dresses & Skirts market is expected to be US$0.62 in 2024.
Looking ahead to 2029, the volume in the segment is forecasted to reach 4.0m pieces.
Additionally, there is an expected volume growth of 1.6% in 2025.
On average, each person in Malaysia is expected to contribute 0.1pieces in volume to the Dresses & Skirts market in 2024.
The demand for traditional Malaysian batik dresses and skirts is on the rise, reflecting a growing interest in preserving and promoting the country's rich cultural heritage.

Key regions: Singapore, Europe, Indonesia, Philippines, Malaysia

Market

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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.