Market Insights Consumer Apparel Children's Apparel

Trousers - Bhutan

Bhutan

The Trousers market in Bhutan is projected to generate a revenue of US$2.81m in the year 2024.
It is anticipated that this market will experience an annual growth rate of 3.70% from 2024 to 2029 (Compound Annual Growth Rate - CAGR).
When compared to other countries globally, in the United States leads in revenue generation within the Trousers market, with a staggering amount of US$7,679m in 2024.
In terms of per capita revenue, the Trousers market is expected to generate US$3.54 per person in Bhutan in 2024.
Looking specifically at the volume of trousers sold, it is estimated that the segment will reach a volume of 334.8k pieces units by 2029.
Additionally, there is an expected volume growth of 1.2% in 2025.
On average, each person in Bhutan is projected to purchase 0.4pieces trousers in the Trousers market in 2024.
The demand for traditional Bhutanese trousers, known as "Gho," is on the rise, reflecting the country's cultural pride and preservation.

Key regions: Australia, Singapore, Philippines, United States, China

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.