Suits - Ethiopia
Ethiopia- In 2024, the revenue in the Suits market in Ethiopia amounts to US$53.10m.
- This market is projected to experience an annual growth rate of 4.28% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, reaching US$3bn in 2024.
- In terms of per capita revenue, each person in Ethiopia is expected to generate US$0.41 in 2024.
- Looking ahead, the volume in the Suits market is estimated to reach 1.3m pieces by 2029.
- Furthermore, a growth rate of 5.9% is anticipated in 2025.0.
- The average volume per person in Ethiopia's Suits market is expected to amount to 0.0pieces in 2024.
- Ethiopia's suit market is experiencing a surge in demand as the country's economy continues to grow and the middle class expands.
- 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
