The Finnish market for knitted or crocheted t-shirts, singlets, and vests has shown a fluctuating trend over the past decade, with a peak in 2013 and significant drops in 2015 and 2020. The year 2023 saw a market size value of 163.81 million euros, with a slight decline from 2022. The compound annual growth rate (CAGR) over the past five years reflects a modest recovery at 0.92%, suggesting a stabilization period despite previous volatility. The recent year-on-year variations indicate marginal decreases from 2021 to 2023, illustrating a period of relative stability.
Future trends to watch for include:
- Potential market expansion due to increased sustainable fashion demand compelling brands to innovate.
- The impact of e-commerce growth could reshape consumer purchasing behaviors and market dynamics.
- Global economic factors and domestic trends will influence consumer spending and product preferences.
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,292,800,000 | 2023 | +0.98% | -1.68% | View data |
| 2 | 2 United Kingdom | 2,118,000,000 | 2023 | +0.18% | +0.87% | View data |
| 3 | 3 France | 2,105,700,000 | 2023 | +4.96% | +1.88% | View data |
| 4 | 4 Austria | 663,300,000 | 2023 | +2.49% | +2.34% | View data |
| 5 | 5 Italy | 380,950,000 | 2023 | -2.17% | -2.83% | View data |
| 9 | 9 Hungary | 211,620,000 | 2023 | +5.85% | +2.49% | View data |
| 10 | 10 Greece | 183,110,000 | 2023 | +0.26% | -4.04% | View data |
| 11 | 11 Finland | 163,810,000 | 2023 | -0.3% | +0.92% | |
| 12 | 12 Czech Republic | 163,140,000 | 2023 | +0.073% | +0.2% | View data |
| 13 | 13 Denmark | 102,540,000 | 2023 | -0.38% | +0.68% | View data |
