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T-Shirts - Belgium

Belgium
  • in Belgium, a country known for its rich history and cultural heritage, is also an important player in the T-Shirts market.
  • In 2024, the revenue generated in this segment amounted to a significant US$359.90m.
  • This impressive figure highlights the country's strong position in the market.
  • Looking ahead, the T-Shirts market in Belgium is projected to grow annually by 2.24%, as per the compound annual growth rate (CAGR) from 2024 to 2029.
  • This growth is reflective of the country's thriving economy and consumer demand for T-Shirts market.
  • Although in Belgium holds a strong position in the T-Shirts market, it is important to note that global comparisons show China leading the pack with a staggering revenue of US$6bn in 2024.
  • This highlights China's dominance in the global T-Shirts market.
  • When considering the revenue in relation to the total population of Belgium, it becomes apparent that per person revenues in the T-Shirts market amounted to US$30.72 in 2024.
  • This figure showcases the significant contribution of the T-Shirts market to the country's economy and the popularity of this clothing item among its citizens.
  • In terms of volume, the T-Shirts market in Belgium is expected to reach 21.8m pieces by 2029.
  • This projected growth demonstrates the sustained demand for T-Shirts market in the country and the opportunities it presents for businesses operating in this market.
  • Furthermore, the T-Shirts market is anticipated to show a volume growth of 0.8% in 2025.0, indicating a continuous upward trend in the market.
  • This growth is driven by factors such as changing fashion trends, consumer preferences, and increasing disposable income.
  • On average, each person in Belgium is expected to purchase 1.8pieces T-Shirts market in 2024.
  • This figure underscores the popularity and widespread use of T-Shirts market among the population, making it a significant market segment for both domestic and international brands.
  • In conclusion, Belgium's T-Shirts market is thriving, with impressive revenue figures and a positive growth outlook.
  • The country's strong position in this market highlights its importance in the global T-Shirts market industry.
  • As consumer demand continues to rise, businesses in Belgium have an opportunity to capitalize on the growing popularity of T-Shirts market.
  • Belgium has seen a rise in demand for sustainable and ethically-produced T-Shirts, with consumers prioritizing eco-friendly materials and fair trade practices.

Definition:

Generally speaking, the T-Shirts market encompasses men’s clothes for the upper body that are worn beneath the outerwear. According to the traditional conventions of the textile industry, they are assigned to underwear; however, society has now widely accepted t-shirts as part of the outerwear market.

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

  • T-Shirts
  • Singlets

Out-Of-Scope

  • Bathrobes
  • Nightwear

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Mar 2024

Sources: Statista Market Insights, Annual reports of key players, Desk research, Statista Consumer Insights Global

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Key Players

Most recent update: Mar 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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