Clothing Accessories & Other Clothes - Saudi Arabia

  • Saudi Arabia
  • In Saudi Arabia, the revenue in the Clothing Accessories & Other Clothes market is projected to reach US$2,018.00m in 2024.
  • It is anticipated that the market will experience an annual growth rate of 3.94% (CAGR 2024-2029).
  • When compared globally, in China generates the highest revenue in this segment, with an estimated amount of US$18,680m in 2024.
  • On a per capita basis, the revenue generated in the Clothing Accessories & Other Clothes market is expected to be US$53.86 in 2024.
  • Looking ahead, the volume in this segment is projected to reach 222.7m pieces by 2029.
  • Furthermore, it is predicted that there will be a volume growth of 0.5% in 2025.
  • In terms of average volume per person, the Clothing Accessories & Other Clothes market is estimated to be 5.8pieces in 2024.
  • This indicates the level of participation and engagement within the market segment in Saudi Arabia.
  • The demand for traditional Saudi Arabian clothing accessories, such as abayas and hijabs, continues to rise steadily.

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

 
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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.

Overview

  • Revenue
  • Sales Channels
  • Volume
  • Key Players
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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