Coats & Jackets - China

  • China
  • China generates the highest revenue in the Coats & Jackets market, with a total of US$2.45bn in 2024.
  • This accounts for the largest share in the global market.
  • The annual growth rate for this segment in China is projected to be 3.07% from 2024 to 2029, according to the compound annual growth rate (CAGR) calculation.
  • In terms of per capita revenue, each person in China is expected to generate US$1.71 in 2024.
  • This indicates the significant market potential within the country.
  • Looking ahead, the volume of the Coats & Jackets market in China is forecasted to reach 184.2m pieces units by 2029.
  • The segment is also expected to experience a modest growth rate of 1.3% in 2025.
  • On an individual basis, the average volume per person in the Coats & Jackets market in China is estimated to be 0.1pieces units in 2024.
  • This demonstrates the demand and popularity of Coats & Jackets market among the Chinese population.
  • Chinese consumers are increasingly opting for high-quality, luxury coats and jackets, reflecting their growing purchasing power and desire for premium fashion.

Key regions: Philippines, Australia, China, United States, Malaysia

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