From 2013 to 2023, the market size for knitted or crocheted women's and girls' underwear and nightwear in Ireland showed mixed trends, with significant fluctuations and a generally declining pattern in recent years. The market peaked around 2014 and 2015 with slight increases, faced a notable drop in 2016, somewhat bounced back in 2018, and gradually declined thereafter. By 2023, the market size stood at $117.12 million, experiencing a year-on-year decrease of 1.52%. The compound annual growth rate over the last five years was -2.52%, indicating a consistent downturn.
Future trends to watch for:
- Sustainability and eco-friendly product demand as consumers become more environmentally conscious.
- E-commerce growth reshaping market dynamics and distribution strategies.
- Increasing emphasis on comfort and inclusive sizing, reflecting broader societal shifts towards body positivity.
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 22 | 22 Hungary | 120,360,000 | 2023 | +4.87% | +4.73% | View data |
| 23 | 23 Finland | 120,120,000 | 2023 | -4.15% | -3.41% | View data |
| 24 | 24 Ireland | 117,120,000 | 2023 | -1.52% | -2.52% | |
| 25 | 25 Colombia | 113,050,000 | 2023 | -1.36% | -1.88% | View data |
| 26 | 26 Pakistan | 94,696,000 | 2023 | -1.01% | -2.15% | View data |
