The UK market for pullovers and cardigans made of cotton stood at a value of 4.9456 billion USD in 2023. The market experienced fluctuations, with an overall negative trend over the past decade. The sector showed a compound annual growth rate (CAGR) decrease of 0.75% over the last five years. Year-on-year variations reveal notable volatility, such as a significant dip in 2020 and minor growth in subsequent years.
Future trends to watch for include:
- Impact of sustainable fashion trends influencing cotton demand.
- Potential growth in online retail enhancing market reach.
- Post-pandemic recovery affecting consumer spending power and preferences.
How does the United Kingdom rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 6 | 6 France | 4,102,800,000 | 2023 | -2.06% | -2.49% | View data |