Market Insights Consumer Apparel Men's Apparel

Coats & Jackets - Malaysia

Malaysia

The revenue in the Coats & Jackets market in Malaysia is estimated to be US$87.71m in 2024.
It is projected to experience an annual growth rate of 3.96% from 2024 to 2029 (CAGR 2024-2029).
In comparison to other countries, in China generates the highest revenue in the Coats & Jackets market, reaching US$10,570m in 2024.
When considering the population, the per person revenue in Malaysia's Coats & Jackets market is expected to be US$2.47 in 2024.
Looking at the volume of the Coats & Jackets market, it is anticipated to reach 3.1m pieces units by 2029.
Additionally, there is an expected volume growth of 2.0% in 2025.
The average volume per person in Malaysia's Coats & Jackets market is projected to be 0.1pieces in 2024.
Despite the tropical climate, Malaysians embrace lightweight jackets and coats as a fashion statement during rainy seasons.

Key regions: Indonesia, Malaysia, Germany, Philippines, Australia

Market

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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.