Suits - Eastern Asia
Eastern Asia- In 2024, the revenue in the Suits market in Eastern Asia amounts to US$5.06bn.
- This market is projected to grow annually by 2.12% (CAGR 2024-2029).
- In comparison to other countries, China generates the majority of the revenue, with US$3bn in 2024.
- When considering the total population, the per person revenue in the Suits market is estimated to be US$3.10 in 2024.
- By 2029, the volume in the Suits market is expected to reach 24.6m pieces.
- Additionally, there is a predicted volume growth of 0.3% in 2025.0.
- The average volume per person in the Suits market is expected to be 0.0pieces in 2024.
- In Eastern Asia, the demand for tailored suits in Japan has been steadily increasing, reflecting the country's strong emphasis on traditional craftsmanship and attention to detail.
- 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
