Suits & Ensembles - Eastern Asia
Eastern Asia- In 2024, the revenue in the Suits & Ensembles market in Eastern Asia amounts to US$840.60m.
- It is projected that the market will experience an annual growth rate of 0.78% (CAGR 2024-2029).
- Among all the countries globally, China generates the highest revenue in this segment, with US$624m in 2024.
- When considering the total population, the per person revenue in 2024 is US$0.51.
- Looking ahead to 2029, the volume in the Suits & Ensembles market is expected to reach 47.0m pieces.
- However, there is a slight decline of -2.1% in volume growth predicted for 2025.0.
- On average, each person is expected to contribute 0.0pieces in volume to the Suits & Ensembles market in 2024.
- In Japan, traditional kimono-inspired suits are gaining popularity among young professionals, blending Eastern and Western fashion influences.
- Key regions:
- Philippines,
- Singapore,
- Australia,
- India,
- Indonesia
Definition:
The Suits & Ensembles market includes ensembles that consist of a blazer or jacket and trousers made of the same material and boys’ suits consisting of a jacket and suit trousers (two-piece suits), which can optionally be combined with a vest (three-piece suits).
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).
In-Scope
- Suits
- Ensembles
Out-Of-Scope
- Separate blazers and suit trousers
