Market Insights Consumer Apparel Men's Apparel

T-Shirts - Bosnia and Herzegovina

Bosnia and Herzegovina

The revenue generated in the T-Shirts market in Bosnia and Herzegovina amounts to US$16.94m in 2024.
It is projected that the market will experience an annual growth rate of 3.00% from 2024 to 2029 (CAGR 2024-2029).
In comparison to other countries, in China generates the highest revenue in the T-Shirts market with US$5,920m in 2024.
When looking at the per capita revenue, in Bosnia and Herzegovina, each person generates US$5.30 in the T-Shirts market in 2024.
The volume of the T-Shirts market is expected to reach 3.1m pieces units by 2029.
Furthermore, the segment is projected to show a volume growth of 2.9% units in 2025.
On average, each person in Bosnia and Herzegovina is expected to consume 0.9pieces units in the T-Shirts market in 2024.
Bosnia and Herzegovina has witnessed a surge in demand for locally designed T-Shirts, reflecting the country's cultural pride and creativity.

Key regions: Philippines, Germany, Europe, Australia, United States

Market

Region

Region comparison

Currency

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.