The market for baby garments and accessories made of cotton in Denmark stood at 137.99 million USD in 2023. Over the last two years, the market saw slight decreases with a year-on-year variation of -0.49% in both 2022 and 2023. Examining the last five years, the compound annual growth rate (CAGR) was -2.75%, indicating a gradual decline. Historically, between 2013 and 2019, the market experienced fluctuations with positive years in 2017 and 2018 but generally showed a mixed trend. Forecasts from 2024 to 2028 suggest a continued slight decline, with an expected five-year CAGR of -0.38%, amounting to around a 1.9% reduction over the period.
Future trends to watch for include potential increases in sustainability and organic product demand, shifts in consumer preferences towards local production, and the impact of demographic changes such as birth rates. Additionally, economic factors such as inflation and disposable income will play crucial roles in shaping market dynamics.
