The market size value per capita for women and girl's blouses and shirts made from materials other than synthetic fibers and cotton in New Zealand has seen a noticeable decline from 2013 to 2023, decreasing from $2.48 to $1.7. The year-on-year fluctuation has been moderate, with a significant downturn in 2020. However, the market showed recovery in 2021 but faced minor declines in the subsequent years. The compound annual growth rate (CAGR) over the last five years is negative, highlighting a consistent downward trend.
Future trends to watch for include:
- An increasing consumer preference toward sustainable and non-synthetic materials, potentially stabilizing or boosting the market.
- Innovations in textile technology offering new non-synthetic fabrics.
- Economic factors affecting consumer spending behavior in apparel.