From 2013 to 2023, the Canadian market for pullovers and cardigans made of synthetic fibers showed fluctuating year-on-year growth, ultimately reaching a market size value of 2.6999 billion USD in 2023. The past decade experienced robust growth post-2013, dips in 2015 and 2020, followed by recovery until 2023. The average CAGR for the last five years stands at 0.96%, indicating moderate growth.
Future trends to watch for:
- The rising preference for eco-friendly and sustainable synthetic fibers could reshape market dynamics.
- Changing fashion trends and increasing e-commerce penetration are likely to drive demand.
- Economic factors and consumer behavior shifts due to post-pandemic influences may also affect market size.
How does Canada rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 6 | 6 Italy | 3,999,400,000 | 2023 | +0.98% | +0.54% | View data |
| 7 | 7 Canada | 2,699,900,000 | 2023 | +1.18% | +0.96% | |
| 8 | 8 Australia | 1,583,900,000 | 2023 | +2.53% | +3.14% | View data |
| 9 | 9 Netherlands | 1,392,600,000 | 2023 | +2.48% | +2.05% | View data |