Jerseys, Sweatshirts & Pullovers - Philippines

  • Philippines
  • In 2024, the revenue in the Jerseys, Sweatshirts & Pullovers market in the Philippines reaches €333.90m.
  • It is projected to experience an annual growth rate of 1.91% (CAGR 2024-2028).
  • Comparatively, in the United States generates the highest revenue in this segment, amounting to €24,500m in 2024.
  • When considering the population, the per person revenue is €2.80 in 2024.
  • Looking ahead, the volume in the Jerseys, Sweatshirts & Pullovers market is expected to reach 7.1m pieces by 2028.
  • However, there will be a slight decline in volume growth of -2.6% in 2025.
  • On average, each person is expected to account for a volume of 0.1pieces in the Jerseys, Sweatshirts & Pullovers market in 2024.
  • The demand for locally-made, handcrafted jerseys in the Philippines has seen a steady rise among sports enthusiasts.

Key regions: Germany, Singapore, Australia, China, 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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