Suits - North Macedonia
North Macedonia- The revenue generated in the Suits market in North Macedonia amounts to US$5.43m in 2024.
- It is projected to grow at an annual rate of 2.24% (CAGR 2024-2029).
- In comparison to other countries, China generates the highest revenue in this segment, reaching US$3bn in 2024.
- When considering the total population, the per person revenue in North Macedonia is US$2.61 in 2024.
- Looking at the volume of the Suits market, it is expected to reach 22.6k pieces by 2029.
- The segment is anticipated to show a volume growth of 1.5% in 2025.0.
- The average volume per person in the Suits market is expected to be 0.0pieces in 2024.
- North Macedonia's suit market is experiencing a surge in demand for tailored suits, reflecting the country's growing emphasis on professional appearances and business etiquette.
- 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
