Market Insights Consumer Apparel Children's Apparel

Coats & Jackets - Worldwide

Worldwide

The revenue generated in the Coats & Jackets market in 2024 is estimated to be €12.94bn.
This market segment is projected to experience an annual growth rate of 2.28% from 2024 to 2028 (CAGR 2024-2028).
In terms of global comparison, the highest revenue is expected to be generated in China, reaching €2,237m in 2024.
When considering the population figures, the per person revenue in the Coats & Jackets market is forecasted to be €1.67 in 2024.
Looking ahead, the volume of the Coats & Jackets market is expected to reach 0.9bn pieces by 2028.
Additionally, a volume growth of 0.6% is projected for 2025.
On an individual basis, the average volume per person in the Coats & Jackets market is anticipated to be 0.1pieces in 2024.
These figures provide insights into the market performance of the Coats & Jackets market globally.
Despite its warm climate, the demand for lightweight and breathable coats and jackets is on the rise in countries like Singapore due to frequent indoor air-conditioning and cooler evening temperatures.

Key regions: Europe, Malaysia, United States, Philippines, Australia

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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.