Market Insights Consumer Apparel Children's Apparel

Jerseys, Sweatshirts & Pullovers - Worldwide

Worldwide

The revenue in the Jerseys, Sweatshirts & Pullovers market worldwide reached a substantial amount of US$28.79bn in 2024.
It is projected that the market will experience a steady annual growth rate of 1.67% from 2024 to 2029 (CAGR 2024-2029).
When compared on a global scale, in the United States stands out as the top revenue generator in this segment, with a revenue of US$5,206m in 2024.
In terms of per capita revenue, each individual contributes US$3.72 to the Jerseys, Sweatshirts & Pullovers market in 2024.
Looking ahead, by 2029, the volume in the Jerseys, Sweatshirts & Pullovers market is expected to reach 6.8bn pieces units.
Additionally, there is a projected volume growth of 0.4% in 2025.
On average, each person is anticipated to account for a volume of 0.9pieces units in the Jerseys, Sweatshirts & Pullovers market in 2024.
In the United States, there has been a surge in demand for vintage-inspired sweatshirts, reflecting the country's nostalgia for classic Americana.

Key regions: Philippines, Singapore, Malaysia, Indonesia, 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.