Suits - Belgium
Belgium- In 2024, the revenue generated in the Suits market in Belgium amounts to US$168.70m.
- Looking ahead, it is projected that the market will experience an annual growth rate of -7.59% (CAGR 2024-2029).
- When compared to other countries globally, China leads the pack with revenue amounting to US$3bn in 2024.
- In terms of per capita figures, the revenue generated per person in the Suits market in Belgium stands at US$14.40 in 2024.
- Moving forward to 2029, the volume in the Suits market is expected to reach 159.7k pieces units.
- However, in 2025.0, a slight decline in volume growth of -7.6% is anticipated.
- Lastly, the average volume per person in the Suits market is projected to be 0.0pieces units in 2024.
- These numbers provide insights into the market performance and trends within the Suits market in Belgium.
- The demand for bespoke tailored suits in Belgium is surging, driven by a growing appreciation for craftsmanship and individuality in men's fashion.
- Key regions:
- Germany,
- Malaysia,
- Philippines,
- India,
- Indonesia
Definition:
The Suits market comprises ensembles that include jacket and suit trousers made of the same material for men. They can optionally be combined with a vest (three-piece suits).
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
- Suits
Out-Of-Scope
- Separate jackets, blazers and suit trousers
