The Mexican market for women's and girls' underwear and nightwear knitted or crocheted reached a value of 215.78 million USD in 2023. With a slight year-on-year increase of 0.96% from the previous year, the market shows stagnation following recovery in 2018 and 2019. Over the past five years, the compound annual growth rate (CAGR) has averaged 0.37%, indicating a relatively stable market with modest fluctuations.
Future Trends to Watch For:
- Rising demand for sustainable and eco-friendly fabric options could drive product innovation.
- The influence of e-commerce and digital marketing could broaden market reach and penetration.
- The impact of economic conditions on consumer purchasing power will likely affect market dynamics.
How does Mexico rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 14 | 14 South Africa | 294,490,000 | 2023 | +0.68% | +0.81% | View data |
| 15 | 15 Israel | 288,940,000 | 2023 | +4.68% | +5.34% | View data |
| 16 | 16 Mexico | 215,780,000 | 2023 | +0.96% | +0.37% | |
| 17 | 17 Portugal | 182,640,000 | 2023 | -0.61% | -0.2% | View data |
| 18 | 18 Belgium | 171,670,000 | 2023 | -7.48% | -6.81% | View data |
