In Austria, the market for women's or girls' jackets and blazers made from textile fabrics that are not knitted or crocheted stood at 106.09 million euros in 2023. Between 2013 to 2023, the market experienced fluctuations, with the sharpest decline in 2014 and 2020. Over the last five years, spanning from 2018 to 2023, the compound annual growth rate (CAGR) was negative, indicating a general downturn during this period. The past two years witnessed minimal year-on-year changes, with a slight decline of 0.028% from 2022 to 2023.
Future trends to watch for include:
- Potential growth in sustainable and eco-friendly textile materials, which could drive the market upward.
- The impact of digital retail channels and fast fashion trends influencing purchasing behavior.
- Economic factors and consumer confidence affecting overall fashion spending.
- Innovations in material technology offering lightweight, durable, and versatile products.
How does Austria rank in Women's or Girls' Jackets and Blazers of Textile Fabrics Not Knitted or Crocheted Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 323,160,000 | 2023 | -0.037% | +2.34% | View data |
| 2 | 2 United Kingdom | 321,670,000 | 2023 | -0.55% | +0.22% | View data |
| 3 | 3 Germany | 192,870,000 | 2023 | -4.22% | -3.75% | View data |
| 4 | 4 Austria | 106,090,000 | 2023 | -0.028% | -2.44% | |
| 5 | 5 Romania | 79,150,000 | 2023 | +2.7% | +1.5% | View data |
| 6 | 6 Belgium | 54,525,000 | 2023 | -6.09% | -5% | View data |