Shirts & Blouses - G20

  • G20
  • In 2024, the revenue generated in the Shirts & Blouses market reaches a substantial amount of US$16.28bn.
  • This market is projected to experience an annual growth rate of 1.14% (Compound Annual Growth Rate) from 2024 to 2029.
  • When comparing this segment globally, in the United States stands out as the country generating the highest revenue with US$3,704m in 2024.
  • In terms of per capita revenue, the Shirts & Blouses market generates US$4.60 per person in 2024 when considering the total population figures.
  • Looking ahead, the volume in the Shirts & Blouses market is expected to reach 3.9bn pieces units by 2029.
  • Furthermore, a growth rate of 0.6% is anticipated in 2025 for this segment.
  • Lastly, the average volume per person in the Shirts & Blouses market is projected to amount to 1.1pieces units in 2024.
  • These numbers highlight the significant contribution of the Shirts & Blouses market to the overall market, particularly in the context of the G20 country.
  • Germany: Traditional German folk blouses are experiencing a resurgence in popularity, with a modern twist of vibrant colors and contemporary designs.

Key regions: Germany, Malaysia, Australia, Indonesia, Philippines

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