Suits & Ensembles - Eastern Asia
Eastern Asia- In 2024, the revenue in the Suits & Ensembles market in Eastern Asia amounts to US$1.62bn.
- This market segment is projected to grow annually by 0.39% (CAGR 2024-2029).
- When compared globally, the highest revenue is generated India, with US$2bn in 2024.
- Taking into account the total population figures, the per person revenue in the Suits & Ensembles market is expected to be US$0.99 in 2024.
- Looking ahead, the volume in the Suits & Ensembles market is expected to reach 36.2m pieces units by 2029.
- Additionally, there is an anticipated volume growth of -3.0% expected in 2025.0.
- Furthermore, the average volume per person in the Suits & Ensembles market is projected to be 0.0pieces units in 2024.
- In Eastern Asia, the rise of custom-tailored suits in countries like Japan and South Korea reflects a growing demand for personalized and high-quality formal attire.
- Key regions:
- Australia,
- Malaysia,
- Singapore,
- United States,
- China
Definition:
The Suits & Ensembles market includes ensembles that consist of a blazer as well as jackets and trousers that have been made from the same material. They represent the female equivalent to the male suit and are an alternative to dresses and skirts within the area of formal women’s apparel.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, sustainable apparel share, and sales channels. Online channel distribution refers to the purchase of physical goods in online retail. In other words, the purchase is concluded via the internet – on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores made via telesales or mail orders (e.g., print catalogs).
In-Scope
- Suits
- Ensembles
Out-Of-Scope
- Separate blazers and suit trousers
