Market Insights Consumer Apparel Women's Apparel

Trousers - G20

The Trousers market generates a significant revenue of US$94.97bn in 2024.
According to the projected compound annual growth rate (CAGR) from 2024 to 2029, the market is expected to grow by 1.93%.
In the global market, in the United States leads the pack with a revenue of US$30,050m in 2024.
This demonstrates the strong position of the United States within the Trousers market.
When considering the per capita revenue, the Trousers market generates US$26.75 per person in 2024.
This metric provides insight into the average revenue generated by each individual within the population.
Looking ahead to 2029, the volume in the Trousers market is projected to reach 4.6bn pieces.
This indicates the expected growth in the overall volume of trousers sold during this period.
Furthermore, in 2025, the Trousers market is anticipated to experience a volume growth rate of 1.4%.
This demonstrates the expected increase in the quantity of trousers sold within the market.
Lastly, the average volume per person in the Trousers market is expected to be 1.2pieces in 2024.
This metric provides insight into the average quantity of trousers purchased by each individual within the population.
In the United States, the trend for trousers is leaning towards high-waisted, wide-leg styles for a retro-inspired look.

Key regions: India, Philippines, Singapore, Europe, Germany

Market

Region

Region comparison

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.