Blazers - Russia

  • Russia
  • In 2024, the Blazers market in Russia recorded a revenue of US$0.47bn.
  • Looking ahead, the market is projected to witness an annual growth rate of 2.04% (CAGR 2024-2029).
  • When compared globally, in China stands as the top revenue generator with a whopping US$24,210m in 2024.
  • In terms of per capita revenues, each person in Russia is estimated to generate US$3.25 in 2024.
  • Moving on to volume, it is expected that the Blazers market will reach 6.0m pieces by 2029.
  • However, there might be a slight decline in volume growth with a rate of -6.9% in 2025.
  • On average, each person in Russia is predicted to contribute 0.1pieces in volume to the Blazers market in 2024.
  • In Russia, there is a growing trend of incorporating traditional Russian embroidery patterns into the designs of blazers, adding a unique cultural touch.

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

 
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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.

Overview

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