The market for Women's and Girls' jerseys, pullovers, sweatshirts, waistcoats, and cardigans of man-made fibers in Latvia reached a value of 9.8641 million Euros in 2023. The market demonstrated modest annual growth in recent years, with an average annual growth rate of 1.03% over the past five years. A notable decline was seen in 2018, which was followed by a recovery phase. The year-on-year growth rates have stabilized in recent years, indicating a trend of gradual improvement and more consistency in market performance.
Future trends to watch include the increasing demand for sustainable and eco-friendly materials, consumer preferences shifting toward customized and versatile clothing options, and the impact of e-commerce and digital retail enhancements shaping the fashion market landscape.
How does Latvia rank in Women's or Girls' Jerseys, Pullovers, Sweatshirts, Waistcoats and Cardigans of Man-Made Fibres Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,140,000,000 | 2023 | +0.77% | -0.67% | View data |
| 2 | 2 United Kingdom | 941,010,000 | 2023 | +0.43% | +0.87% | View data |
| 3 | 3 France | 939,390,000 | 2023 | +1.64% | -2.12% | View data |
| 4 | 4 Austria | 219,230,000 | 2023 | +2.71% | -0.15% | View data |
| 5 | 5 Belgium | 172,240,000 | 2023 | +5.57% | +0.53% | View data |
| 11 | 11 Finland | 54,866,000 | 2023 | -0.93% | -1.75% | View data |
| 12 | 12 Slovenia | 25,147,000 | 2023 | +5.34% | +1.25% | View data |
| 13 | 13 Latvia | 9,864,100 | 2023 | +0.69% | +1.03% | |
| 14 | 14 Estonia | 9,506,900 | 2023 | -6.56% | -5.6% | View data |