Market Insights Consumer Apparel Men's Apparel

Coats & Jackets - China

China

In 2024, the revenue in the Coats & Jackets market in China amounted to a substantial US$10.57bn.
This market is projected to experience an annual growth rate of 4.11% (CAGR 2024-2029).
It is interesting to note that in China generates the highest revenue in the global comparison, with the same amount of US$10.57bn in 2024.
When considering the population figures, it is noteworthy that in 2024, per person revenues in the Coats & Jackets market reached US$7.38 in China.
This indicates a significant market potential and a strong demand for Coats & Jackets market among the Chinese population.
Looking ahead to 2029, it is expected that the volume in the Coats & Jackets market will reach 198.4m pieces units.
Additionally, a modest volume growth of 1.0% is anticipated in 2025.
These figures demonstrate the consistent demand for Coats & Jackets market in China.
Furthermore, the average volume per person in the Coats & Jackets market is estimated to be 0.1pieces units in 2024.
This indicates the popularity and widespread usage of Coats & Jackets market among the Chinese population.
China, being the world's largest producer of textile and apparel, is experiencing a surge in demand for high-quality and fashionable coats & jackets.

Key regions: Indonesia, Malaysia, Germany, Philippines, Australia

Market

Region

Region comparison

Currency

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.