Forecast: Household Expenditure on Men's Shirts and Sweaters in Japan

In 2023, household expenditure on men's shirts and sweaters in Japan was recorded at 6.35 thousand Japanese Yens. According to the forecast data from 2024 to 2028, there is a gradual decline year-on-year. Specifically, the values decrease from 6.21 thousand Yens in 2024 to 5.66 thousand Yens in 2028. This reflects a year-on-year decrease averaging around 2.3%. Over the five-year period, the Compound Annual Growth Rate (CAGR) indicates a consistent annual average reduction of approximately 2.9%.

Future trends to watch for:

  • Changing consumer preferences towards casual and versatile clothing.
  • Impact of economic factors such as inflation and disposable income on spending habits.
  • Potential growth in online retail channels and their influence on pricing and demand.

Top Countries about Men's Clothing