Shirts - Sri Lanka
Sri Lanka- The revenue in the Shirts market in Sri Lanka is projected to reach US$67.11m in the year 2024.
- This market is expected to experience an annual growth rate of 0.50% (CAGR 2024-2029).
- In terms of global comparison, United States generates the highest revenue in the Shirts market, amounting to US$16bn in 2024.
- When considering the population figures, the per person revenue in Sri Lanka's Shirts market is estimated to be US$3.06 in 2024.
- By the year 2029, the volume in the Shirts market is projected to reach 3.2m pieces.
- However, in 2025.0, a slight decline of -1.6% in volume growth is expected.
- On average, each person in Sri Lanka's Shirts market is anticipated to have a volume of 0.2pieces in 2024.
- The shirt market in Sri Lanka is experiencing a surge in demand for traditional batik shirts, reflecting the country's rich cultural heritage.
- Key regions:
- Philippines,
- Singapore,
- India,
- China,
- United States
Definition:
The Shirts market includes all sorts of shirts as well as casual shirts worn by men.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, sustainable apparel share, and sales channels. Online channel distribution refers to the purchase of physical goods in online retail. In other words, the purchase is concluded via the internet – on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores made via telesales or mail orders (e.g., print catalogs).
In-Scope
- Dress shirts
- Casual shirts
Out-Of-Scope
- Singlets
- T-Shirts
