Datamonitor, Feb. 2012
The Russian apparel retail industry had total revenue of $48,835.6 million in 2011, representing a compound annual growth rate (CAGR) of 6.2% between 2007 and 2011.
The performance of the industry is forecast to accelerate, with an anticipated CAGR of 6.3% for the five-year period 2011 - 2016, which is expected to drive the industry to a value of $66,408.5 million by the end of 2016.
Market Value
The Russian apparel retail industry grew by 5.8% in 2011 to reach a value of $48,835.6 million.
Market Segmentation
Womenswear is the largest segment of the apparel retail industry in Russia, accounting for 54.6% of the industry's total value.
Gegraphy Segmentation
Russia accounts for 11.8% of the European apparel retail industry value.
Market Value Forecast
In 2016, the Russian apparel retail industry is forecast to have a value of $66,408.5 million, an increase of 36% since 2011.
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