The market for women and girls' dresses made of cotton in Belgium has been experiencing a consistent decline in value from 2013 to 2023. In 2023, the market stood at 39.294 million US dollars. The year-on-year variation over the past two years exhibited a negative trend, with a decrease of 3.07% in 2022 and 3.11% in 2023. The compound annual growth rate (CAGR) over the last 5 years was -3.73%, indicating a steady contraction in the market size.
Key future trends to watch for include:
- Potential shifts towards sustainable fashion could influence consumer preferences and demand for cotton dresses.
- Economic recovery post-2023 may impact consumer spending habits, possibly stabilizing or revitalizing the market.
- Increased online retailing could expand market reach and introduce new competitive dynamics.
- Innovations in cotton production and dress manufacturing may lead to market diversification or new product offerings.
| # | 33 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,185,800,000 | 2023 | -0.13% | -0.002% | View data |
| 2 | 2 Germany | 989,410,000 | 2023 | +1.64% | +2.43% | View data |
| 3 | 3 United Kingdom | 738,130,000 | 2023 | -0.53% | -1.38% | View data |
| 4 | 4 Japan | 481,000,000 | 2023 | -3.9% | -3.58% | View data |
| 5 | 5 Spain | 465,970,000 | 2023 | +0.56% | +1.76% | View data |
| 17 | 17 Mexico | 49,886,000 | 2023 | +1.29% | +2.15% | View data |
| 18 | 18 Peru | 41,648,000 | 2023 | +0.19% | +0.62% | View data |
| 19 | 19 Belgium | 39,294,000 | 2023 | -3.11% | -3.73% | |
| 20 | 20 South Africa | 39,243,000 | 2023 | +2.14% | +4.04% | View data |
| 21 | 21 Finland | 35,006,000 | 2023 | -3.64% | -2.47% | View data |
