Trousers - G20
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 1.94%.
- In the global market, United States leads the pack with a revenue of US$30bn 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$26.82 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 2025.0, 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
Definition:
The Trousers market includes all types of trousers, including cloth trousers, jeans, and shorts for women.
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
- Cloth trousers
- Jeans
- Shorts
Out-Of-Scope
- Underpants
- Track and jogging pants
