Suits & Ensembles - G7
G7- In 2024, the revenue of the Suits & Ensembles market in the G7 countries amounts to US$1.03bn.
- It is projected that this market will experience an annual growth rate of -1.70% between 2024 and 2029 (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, with US$624m in 2024.
- In terms of per capita figures, the revenue per person in the Suits & Ensembles market is estimated to be US$1.33 in 2024.
- Looking ahead to 2029, the volume of the Suits & Ensembles market is expected to reach 20.9m pieces units.
- However, there is a projected volume decline of -4.0% in 2025.0.
- On average, each person is predicted to consume 0.0pieces units of Suits & Ensembles market in 2024.
- In Japan, the market for traditional, tailored suits remains strong, reflecting the country's reverence for precision 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
