Shirts & Blouses - Luxembourg

  • Luxembourg
  • in Luxembourg, known for its prosperous economy, is no stranger to the Shirts & Blouses market.
  • In 2024, the revenue in this segment reached an impressive US$46.65m.
  • Looking ahead, the market is projected to grow annually by -0.15%, representing a compound annual growth rate (CAGR) from 2024 to 2029.
  • When compared globally, it becomes apparent that in the United States leads the pack in terms of revenue generation.
  • In 2024, the Shirts & Blouses market in the US raked in a staggering US$10,580m.
  • This highlights the country's dominance in this market.
  • Examining the revenue on a per capita basis, we find that in 2024, each person in Luxembourg contributed US$70.50 to the Shirts & Blouses market.
  • This figure showcases the strong purchasing power and demand for such products within the country.
  • Looking ahead to 2029, the volume in the Shirts & Blouses market is expected to reach 1.0m pieces units.
  • This signifies a steady growth in demand for these clothing items.
  • In fact, in 2025 alone, a volume growth of 0.8% is anticipated.
  • Furthermore, the average volume per person in the Shirts & Blouses market is projected to be 1.5pieces units in 2024.
  • This statistic provides insight into the popularity and consumption patterns of these garments among the population of Luxembourg.
  • In summary, Luxembourg's Shirts & Blouses market has experienced substantial revenue growth in recent years.
  • With a promising outlook for the future, it is evident that the country's affinity for fashionable attire will continue to shape this market.
  • Luxembourg's demand for high-quality, luxury shirts and blouses remains strong, driven by its affluent population and fashion-conscious mindset.

Key regions: India, Philippines, Australia, Indonesia, Malaysia

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