Market Insights Consumer Apparel Men's Apparel

Shirts - Eastern Europe

Eastern Europe

The revenue generated by the Shirts market in Eastern Europe is projected to reach US$1.67bn in 2024.
It is anticipated that the market will experience an annual growth rate of 3.25% from 2024 to 2029 (CAGR 2024-2029).
In comparison to other countries, in the United States leads in terms of revenue generation, with an estimated revenue of US$16,440m in 2024.
When considering the population size, the per person revenue in Eastern Europe's Shirts market is expected to be US$7.03 in 2024.
Looking ahead to 2029, the volume of the Shirts market is projected to reach 39.9m pieces.
However, a slight decline of -4.7% is expected in 2025.
The average volume per person in the Shirts market of Eastern Europe is expected to be 0.2pieces in 2024.
In Eastern Europe, the demand for traditional embroidered shirts is on the rise, reflecting a renewed interest in cultural heritage and craftsmanship.

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

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.