Market Insights Consumer Apparel Women's Apparel

T-Shirts - Suriname

Suriname

in Suriname, a country South_America, is expected to generate a revenue of US$0.50m in the T-Shirts market by 2024.
This market is projected to grow annually by -2.52% (CAGR 2024-2029).
In comparison to other countries worldwide, in the United States leads with a revenue of US$10,780m in 2024.
In terms of per person revenues, in Suriname is expected to generate US$0.80 in 2024.
Looking ahead, the volume in the T-Shirts market is predicted to reach 0.5m pieces by 2029.
However, a slight decline of -0.4% is expected in 2025.
On average, each person in Suriname is anticipated to contribute 0.8pieces in terms of volume in the T-Shirts market in 2024.
Suriname's T-Shirt market is thriving with a growing demand for unique designs inspired by the country's rich cultural heritage.

Key regions: Philippines, Malaysia, United States, Singapore, India

Market

Region

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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.