The market size value per capita for cotton T-shirts in Colombia has shown a steady decline from 2013 to 2023, starting at $6 and decreasing to $3.61 by 2023. This represents a consistent downward trend, with year-on-year variations decreasing between -1.3% to -3.7% over the past two years. The compound annual growth rate (CAGR) over the last five years was approximately -3%.
Future trends to watch for include potential market saturation influencing further declines, but also an opportunity for growth through sustainable fashion trends and eco-friendly product offerings, considering the increasing consumer preference for sustainable and organic products.
