Jerseys, Sweatshirts & Pullovers - Philippines

  • Philippines
  • The revenue generated in the Jerseys, Sweatshirts & Pullovers market in 2024 is estimated to be €202.50m.
  • According to projections, the market is anticipated to grow at an annual rate of 3.05% (CAGR 2024-2028).
  • Comparing globally, in the United States leads in revenue generation with €13,140m in 2024.
  • Taking into account the total population figures, the per person revenue in the Jerseys, Sweatshirts & Pullovers market is expected to be €1.70 in 2024.
  • Looking ahead, the volume in the Jerseys, Sweatshirts & Pullovers market is projected to reach 4.1m pieces units by 2028.
  • In 2025, a slight decline of -1.2% in volume growth is expected for this segment.
  • Furthermore, the average volume per person in the Jerseys, Sweatshirts & Pullovers market is estimated to be 0.0pieces units in 2024.
  • "The demand for locally-made jerseys, sweatshirts, and pullovers in the Philippines is on the rise, reflecting a growing preference for supporting domestic industries."

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

 
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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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