Clothing Accessories & Other Clothes - Australia
- Australia
- In 2024, the Clothing Accessories & Other Clothes market in Australia is projected to generate a revenue of €308.40m.
- It is anticipated that this market will experience an annual growth rate of -2.49% (CAGR 2024-2029).
- When compared globally, in China leads the pack with a revenue of €13,080m in 2024.
- On a per capita basis, each person in Australia is expected to contribute €11.55 to the revenue in the Clothing Accessories & Other Clothes market in 2024.
- By 2029, the volume of this segment is estimated to reach 36.7m pieces units.
- However, in 2025, a slight decline of -3.2% in volume growth is projected.
- On average, each person in Australia is expected to account for a volume of 1.6pieces units in the Clothing Accessories & Other Clothes market in 2024.
- Australian consumers are increasingly embracing sustainable and ethically sourced clothing accessories, reflecting a growing awareness and demand for environmentally conscious fashion.
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.Vue d’ensemble
- Revenue
- Sales Channels
- Volume
- Key Players
- Price
- Global Comparison
- Methodology
- Key Market Indicators
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