Coats & Jackets - Republic of the Congo

  • Republic of the Congo
  • In 2024, the Republic of the Congo's revenue in the Coats & Jackets market reaches US$2.98m.
  • Experts anticipate an annual growth rate of 2.11% for this market segment from 2024 to 2028, commonly referred to as a compound annual growth rate (CAGR).
  • When comparing global revenue, in China leads the way with a staggering US$7,451m in 2024.
  • This showcases in China's dominance in the Coats & Jackets market.
  • To put the revenue into perspective, in 2024, in the Republic of the Congo generates US$0.48 in revenue per person.
  • This metric considers the country's total population figures.
  • Looking ahead to 2028, the volume of the Coats & Jackets market is projected to reach 107.4k pieces units.
  • Additionally, a volume growth of 1.6% is expected in 2025.
  • These figures reflect the increasing demand and popularity of Coats & Jackets market in the market.
  • On an individual level, the average volume per person in the Coats & Jackets market is forecasted to be 0.0pieces units in 2024.
  • This demonstrates the level of consumption and preference for Coats & Jackets market among the population of the Republic of the Congo.
  • The demand for lightweight, waterproof jackets is growing in the Republic of the Congo due to its tropical climate and frequent rain showers.

Key regions: Philippines, India, Europe, China, United States

 
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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
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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