Market Insights Consumer Apparel Men's Apparel

Trousers - Worldwide

Worldwide

The revenue generated in the Trousers market worldwide is a staggering US$126.30bn in 2024.
According to market projections, this segment is expected to experience an annual growth rate of 2.59% (CAGR 2024-2029).
When compared to other countries, in the United States leads the pack in terms of revenue generation, with US$24,060m in 2024.
This showcases the significant market presence of the Trousers market in the United States.
In relation to the total population figures, the per person revenue in the Trousers market for 2024 is estimated to be US$16.25.
This figure reflects the average revenue generated by each individual in the Trousers market across the globe.
Looking ahead, the volume of the Trousers market is projected to reach 5.2bn pieces by 2029.
Additionally, a growth rate of 1.5% is anticipated for the year 2025.
This suggests a positive trend in terms of volume expansion within the Trousers market.
To put it into perspective, the average volume per person in the Trousers market is forecasted to be 0.6pieces in 2024.
This figure represents the average volume of trousers per person across the global market.
In the United States, athleisure trousers continue to dominate the market, reflecting the growing trend of comfortable and versatile clothing options.

Key regions: Singapore, India, United States, Australia, Germany

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.