Market Insights Consumer Apparel Women's Apparel

Tights & Leggings - Vietnam

Vietnam

The revenue generated in the Tights & Leggings market in Vietnam in 2024 is estimated to be US$55.38m.
It is projected to experience an annual growth rate of 0.08% (CAGR 2024-2028).
When compared globally, in Italy leads the market in terms of revenue with an expected value of US$1,663m in 2024.
In relation to the total population, the per person revenue in Vietnam's Tights & Leggings market is forecasted to be US$0.56 in 2024.
Looking ahead, the volume in the Tights & Leggings market is expected to reach 24.3m pieces units by 2028.
However, there might be a slight decline in volume growth with a rate of -2.5% in 2025.
The average volume per person in Vietnam's Tights & Leggings market is anticipated to be 0.3pieces units in 2024.
Vietnam's tights and leggings market is experiencing a surge in demand due to the growing fashion consciousness among its young population.

Key regions: Philippines, China, Singapore, India, Malaysia

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.