Market Insights Consumer Apparel Men's Apparel

Blazers - Puerto Rico

Puerto Rico

In 2024, the Blazers market in Puerto Rico generated a revenue of US$41.34m.
It is projected to experience an annual growth rate of 2.47% (CAGR 2024-2029).
When compared globally, in China leads the market with a revenue of US$10,310m in 2024.
In terms of per capita figures, each person in Puerto Rico is expected to contribute US$12.75 to the Blazers market's revenue in 2024.
By 2029, the volume of the Blazers market is predicted to reach 234.9k pieces.
However, there will be a slight decline in volume growth of -0.9% in 2025.
On an individual basis, the average volume per person in the Blazers market is estimated to be 0.1pieces in 2024.
Blazers are becoming increasingly popular among professionals in Puerto Rico, as they are seen as a stylish and versatile choice for business attire.

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

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.