Market Insights Consumer Apparel Men's Apparel

Clothing Accessories & Other Clothes - Tanzania

Tanzania

In 2024, the revenue in the Clothing Accessories & Other Clothes market in Tanzania amounts to US$60.78m.
According to projections, the market is anticipated to grow annually by 5.17%, representing the compound annual growth rate (CAGR) from 2024 to 2029.
When comparing this revenue on a global scale, it is noteworthy that in China generates the highest revenue in this segment, amounting to US$14,110m in 2024.
In terms of per capita revenue, each person in Tanzania is estimated to generate US$0.88 in 2024.
This metric provides an insight into the individual contribution to the overall revenue within the Clothing Accessories & Other Clothes market.
Looking ahead to 2029, the volume in this segment is projected to reach 12.7m pieces.
Additionally, a volume growth of 5.2% is expected in 2025.
Considering the average volume per person in the Clothing Accessories & Other Clothes market, it is forecasted to amount to 0.1pieces in 2024.
This metric illustrates the average quantity of clothing accessories and other clothes each individual is expected to consume in Tanzania.
The demand for traditional Tanzanian clothing accessories is experiencing a resurgence among locals and tourists alike.

Key regions: Malaysia, Europe, Germany, India, Indonesia

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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.