The market size for women's or girls' knitted or crocheted suits and associated garments in Ireland has seen a general upward trend. From 2013 to 2023, there has been a notable increase in volume per capita, achieving 4.53 in 2023. The last two years (2022-2023) show a slight growth of 1.11%. Over the past five years, the compound annual growth rate (CAGR) is around 1.8%, indicating steady development in the market.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and ethically-produced garments, as well as the impact of e-commerce and fast fashion. Additionally, changes in global economic conditions and fashion trends could influence further growth in this market segment.
