Market Insights Consumer Apparel Women's Apparel

Clothing Accessories & Other Clothes - Germany

Germany

In Germany, the revenue generated in the Clothing Accessories & Other Clothes market is projected to reach US$3.48bn in 2024.
This market is anticipated to grow at an annual rate of 0.57% (CAGR 2024-2029).
In comparison to other countries, in China leads the way with a revenue of US$18,690m in 2024.
When considering the population, each individual in Germany is expected to contribute US$41.83 in revenue to this segment in 2024.
Looking ahead, the volume in the Clothing Accessories & Other Clothes market is expected to reach 351.9m pieces units by 2029.
Furthermore, a growth of 1.0% is projected for 2025.
On average, each person in Germany is expected to purchase 4.0pieces units in the Clothing Accessories & Other Clothes market in 2024.
Germany's fashion-forward population has sparked a surge in demand for sustainable and eco-friendly clothing accessories and other clothes.

Key regions: United States, Indonesia, Germany, Malaysia, Singapore

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.