In 2023, the UK market size for men's or boys' jerseys, pullovers, sweatshirts, waistcoats, and cardigans made of man-made fibres stood at a volume of 0.6 per capita. From 2024 to 2028, the forecast indicates a slight, steady growth in volume per capita from 0.6 to 0.63.
Year-on-year variations are minimal, with a CAGR of approximately 1% over the forecast period, suggesting a stable market with gradual growth. Although growth is slow, it reflects a consistent demand for these garments.
- Future trends to watch for:
- Increased demand for sustainable materials and eco-friendly production processes.
- Integration of technology, such as smart fabrics, could innovate the market.
- Potential impacts of economic factors like inflation or changing consumer spending habits on market growth.
- Fashion trends and seasonal variability affecting demand.