Market Insights Consumer Apparel Men's Apparel

Coats & Jackets - Mexico

Mexico

The revenue generated in the Coats & Jackets market in Mexico in 2024 is US$0.57bn.
It is projected to have an annual growth rate of 4.19% between 2024 and 2029 (CAGR 2024-2029).
When compared to other countries, in China leads the global market with a revenue of US$10,570m in 2024.
In terms of per capita figures, the revenue per person in Mexico's Coats & Jackets market is US$4.40 in 2024.
Looking ahead, the volume of the Coats & Jackets market in Mexico is expected to reach 21.7m pieces units by 2029.
The segment is projected to experience a volume growth of 3.0% in 2025.
On average, each person in Mexico is expected to purchase 0.1pieces units of Coats & Jackets market in 2024.
Mexico's demand for lightweight, breathable coats and jackets is on the rise due to its warm climate and increasing interest in outdoor activities.

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.