Suits & Ensembles - Europe
Europe- The revenue generated in the Suits & Ensembles market in 2024 is estimated to be US$1.00bn.
- This market is projected to experience an annual growth rate of -0.58% (CAGR 2024-2029).
- When compared globally, the highest revenue is expected to come from China, with an estimated amount of US$624m in 2024.
- In terms of per capita figures, each person is anticipated to generate US$1.19 in revenue in 2024.
- By 2029, the volume of the Suits & Ensembles market is predicted to reach 36.2m pieces units.
- However, it is expected to exhibit a volume decline of -2.5% in 2025.0.
- The average volume per person in the Suits & Ensembles market is projected to be 0.0pieces units in 2024.
- in Europe, the country under consideration, plays a significant role in the Suits & Ensembles market.
- In Italy, the market for suits and ensembles is dominated by high-end luxury brands known for their impeccable craftsmanship and attention to detail.
- 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
