The market size for babies' garments and clothing accessories knitted or crocheted in Colombia showed a fluctuating trend from 2013 to 2023, ending at 76.238 million US dollars. After a significant drop in 2016 and 2020, the market recovered slightly in 2021 with a 19.39% increase. However, it decreased again slightly by 0.89% in 2023. Over the last five years, the compound annual growth rate (CAGR) was -2.08%, indicating a declining market trend.
Future trends to watch for:
- Sustainability and eco-friendly products might drive growth.
- Consumer preference for locally produced items could increase demand.
- Digitalization and e-commerce expansion are key factors to watch.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,036,800,000 | 2023 | +1.64% | +0.24% | View data |
| 2 | 2 India | 2,394,200,000 | 2023 | +10.03% | +6.99% | View data |
| 3 | 3 United Kingdom | 2,053,600,000 | 2023 | -1.05% | -0.68% | View data |
| 4 | 4 France | 2,020,200,000 | 2023 | -0.27% | -0.62% | View data |
| 5 | 5 Germany | 1,759,500,000 | 2023 | +2.73% | +1.46% | View data |
| 26 | 26 Norway | 87,973,000 | 2023 | -2.42% | -2.51% | View data |
| 27 | 27 Ireland | 85,970,000 | 2023 | -4.75% | -5.14% | View data |
| 28 | 28 Colombia | 76,238,000 | 2023 | -0.89% | -2.08% | |
| 29 | 29 Slovakia | 61,017,000 | 2023 | +1.36% | -1.69% | View data |
| 30 | 30 Finland | 57,209,000 | 2023 | -3.1% | -1.19% | View data |
