The Australian market for pullovers and cardigans made of synthetic fibers was valued at $1.5839 billion in 2023. Over the past decade, the market has experienced fluctuations, with significant growth in 2021 and 2022 followed by a modest increase in 2023. The compound annual growth rate (CAGR) over the last five years stands at 3.14%, indicating a steady upward trend in market value. Year-on-year growth showed a positive increment, albeit with slight variations in percentage.
Future trends to watch for include a potential increase in demand driven by consumer preferences for synthetic fiber clothing's durability and affordability. Additionally, sustainability and technological innovations in production may impact growth trajectories.
How does Australia rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 6 | 6 Italy | 3,999,400,000 | 2023 | +0.98% | +0.54% | View data |
| 7 | 7 Canada | 2,699,900,000 | 2023 | +1.18% | +0.96% | View data |
| 8 | 8 Australia | 1,583,900,000 | 2023 | +2.53% | +3.14% | |
| 9 | 9 Netherlands | 1,392,600,000 | 2023 | +2.48% | +2.05% | View data |
| 10 | 10 Poland | 1,385,600,000 | 2023 | +3.29% | +2.91% | View data |
