From 2013 to 2023, the market for pullovers and cardigans made of synthetic fibers in Japan showed varying trends. The market reached its peak in 2016, but experienced a significant decline with notable drops in 2017 and 2020. Values stood at 12.696 billion USD in 2023, reflecting a persistent decline over the nine-year period. Recent years recorded slight year-on-year declines, with a CAGR of -1.3% for the last five years, reflecting overall market contraction.
Future trends to watch include:
- Adapting to sustainability demands from consumers may stimulate innovation in synthetic fiber production.
- The impact of changing consumer preferences towards more sustainable clothing options.
- Potential recovery driven by economic stabilization and possible shifts in fashion trends.
How does Japan 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% | |
| 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 |
