Market Insights Consumer Apparel Children's Apparel

Trousers - Honduras

Honduras

In 2024, the Trousers market in Honduras is projected to generate a revenue of US$9.60m.
This market is anticipated to experience an annual growth rate of 2.52% between 2024 and 2029 (CAGR 2024-2029).
When comparing revenues on a global scale, in the United States leads the pack with a revenue of US$7,679m in 2024.
In terms of per capita figures, the revenue per person in Honduras is estimated to be US$0.89 in 2024.
Looking at the volume of the Trousers market, it is predicted to reach 4.5m pieces units by 2029.
Additionally, there is an expected volume growth of 0.7% units in 2025.
The average volume per person in the Trousers market is projected to be 0.4pieces units in 2024.
Honduras is experiencing a surge in demand for traditional handwoven trousers, reflecting a growing appreciation for indigenous craftsmanship.

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

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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.