Market Insights Consumer Apparel Children's Apparel

Suits & Ensembles - Romania

Romania

In 2024, the revenue generated in the Suits & Ensembles market in Romania amounts to US$60.48m.
It is projected that this market will experience an annual growth rate of 6.67% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in China leads the pack with a revenue of US$624m in 2024.
This indicates the significant size of the Chinese market in the Suits & Ensembles market.
In terms of per person revenues, in Romania generates US$3.18 in 2024.
This figure provides insight into the individual contribution of each Romanian resident to the overall revenue of the Suits & Ensembles market.
Looking ahead to 2029, the volume of the Suits & Ensembles market in Romania is expected to reach 0.9m pieces units.
This signifies the anticipated growth in demand for suits and ensembles in the country.
However, in 2025, there is a projected decline in volume growth of -0.2%.
This indicates a temporary setback in the market, which may be attributed to various factors such as economic conditions or changing consumer preferences.
On an individual level, the average volume per person in the Suits & Ensembles market is projected to be 0.1pieces units in 2024.
This figure provides an indication of the average consumption of suits and ensembles per person in Romania.
Romania's growing middle class is fueling a surge in demand for high-quality, tailored suits and ensembles.

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

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.