Market Insights Consumer Apparel Children's Apparel

Night & Underwear - Cuba

Cuba

The Night & Underwear market in Cuba is projected to generate a revenue of US$16.12m in 2024.
It is anticipated that the market will experience an annual growth rate of -1.55% (CAGR 2024-2029).
When compared globally, in China leads in revenue generation with US$4,015m in 2024.
In terms of per capita revenues, in Cuba is expected to generate US$1.44 per person in 2024.
Looking at the volume of the Night & Underwear market, it is estimated to reach 8.8m pieces by 2029.
However, in 2025, a slight decrease in volume growth of -0.4% is expected.
On average, each person in Cuba is expected to contribute 0.8pieces in volume to the Night & Underwear market in 2024.
Cuba's nightwear market is experiencing a surge in demand for vibrant and colorful designs, reflecting the country's rich cultural heritage.

Key regions: Singapore, Indonesia, India, Europe, Australia

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.