T-Shirts - Philippines

  • Philippines
  • In 2024, the revenue generated in the T-Shirts market in the Philippines amounts to €77.20m.
  • It is projected that this market will experience an annual growth rate of 4.16% from 2024 to 2028.
  • When compared to other countries, in India generates the highest revenue in this segment, with a total of €2,350m in 2024.
  • In terms of per capita revenue, each person in the Philippines is expected to contribute €0.65 to the T-Shirts market in 2024.
  • Looking ahead to 2028, the volume of T-Shirts market sold is anticipated to reach 7.4m pieces units.
  • Additionally, there is a projected volume growth of 0.0% in 2025.
  • On average, each person in the Philippines is expected to purchase 0.1pieces T-Shirts market in 2024.
  • The demand for locally-made T-shirts in the Philippines is surging, as consumers prioritize supporting homegrown brands and promoting sustainable fashion.

Key regions: Singapore, United States, Australia, Germany, Europe

 
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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.

Visión general

  • Revenue
  • Sales Channels
  • Key Players
  • Volume
  • Price
  • Global Comparison
  • Methodology
  • Key Market Indicators
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