U.S. Dominates Global T-shirt Consumption
Wearing Apparel June 14, 2017
-
Format: Electronic (pdf) by email
(April 10, 2019)Limited Time Offer
Pricing PlanBy clicking «Buy the Report», you agree to our terms of service and privacy policy. We’ll occasionally send you account related emails.
Photo: © Kanashkin / Bigstockphoto
According to market research conducted by IndexBox, in 2015, global t-shirt market stood at X million units. In value terms, the market fluctuated over the period under review. It grew by X% in 2015, amounting to X million USD at year-end. Global T-shirt market is expected to grow at an annual rate of +X% for the next five years, which will drive its volume to X billion units by 2020.
The U.S. (X%) was the country with the highest consumption. China held second place in the ranking with a share of X%, followed by the U.K. (X%) and Canada (X%). Together, these three countries accounted for around X% of total global consumption.
Among the leading consuming countries, Canada (X units/year in 2015), the U.S. (X units/year), and the U.K. (X units/year) had the highest levels of per capita consumption, which was significantly higher than the world average of X units/year. China had the most notable rate of annual growth of per capita consumption from 2007 to 2015, with +X% growth.
T-shirts are a widely traded commodity, with the share of exports in total global output standing at about X% in 2015. The high trade intensity is mainly caused by the geographical differentiation between the main T-shirt manufacturing countries and the key consuming countries.
In 2015, the volume of global exports totaled X billion units, showing mixed dynamics over the last few years. A gradual decline from 2008 to 2009 was followed by a strong growth from 2010 to 2014. In 2015, however, global exports decreased by X%. China (X million units) and Bangladesh (X million units) were the main global suppliers of T-shirts, with a X% combined share of global exports.
The volume of global imports totaled X billion units in 2015. Import dynamics were generally in line with exports, as these trade flows complement each other globally. Following the high trade intensity, the share of imports in global demand accounted for about X%. In 2015, the U.S. (X%), and, distantly, the UK (X%), Germany (X%), Italy (X%), France (X%), Japan (X%), and Belgium (X%) were the leading destinations of T-shirt imports, together accounting for X% of global imports in physical terms.
Do you want to know more about the global t-shirt market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- t-shirt market share
- t-shirt prices
- t-shirt industry
- t-shirt sales
- t-shirt market forecast
- t-shirt price forecast
- key t-shirt producers
Source: World: T-Shirts - Market Report. Analysis and Forecast to 2025
UNCode 28225-0 - T-shirts, singlets and other vests, knitted or crocheted.
This report provides an in-depth analysis of the global t-shirt market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Country coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
Data coverage:
• Market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Production, split by region and country;
• Trade (exports and imports);
• Export and import prices;
• Market trends, drivers and restraints;
• Key market players and their profiles.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
- The report provides an in-depth analysis, current market trends and prospects through 2025.
- You will receive one license for the report; the use of the report is limited to only one person.
- In addition to the Basic Edition, the report includes the chapters on actionable insights and data-driven decisions for growing your business, as well as countries’ and major producers’ profiles.
- You will receive one license for the report; the use of the report is limited to only one person.
- In addition to the Basic Edition, the report includes the chapters on actionable insights and data-driven decisions for growing your business, as well as countries’ and major producers’ profiles.
- You will receive an enterprise-wide license which allows any person in your company to use the report.
