The market size for tracksuits, ski suits, swimwear, and other garments of knitted or crocheted textiles in Sweden has shown dynamic shifts over the past decade. In 2023, the market volume stood at 1,261.8 thousand kilograms, marking a consistent increase since 2016 despite minor fluctuations. Over the last five years, the compound annual growth rate (CAGR) registered at 1.17%, reflecting steady growth with a 3.1% year-on-year increase last year. Significant growth spurts observed in 2016 and 2018 with increases of 25.37% and 22.14% respectively, contrast with less dynamic years around those peaks.
Future trends to watch for include increased sustainability demands and innovation in fabric technology, potentially driving shifts in consumer preferences. Market players should focus on eco-friendly materials and smart textiles to capture emerging opportunities. Additionally, the influence of sports and leisure trends could further impact market dynamics, emphasizing the need for versatile and adaptive product offerings.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 8,400,900 | 2023 | +1.34% | +1.69% | View data |
| 2 | 2 Austria | 1,871,800 | 2023 | +2.7% | -2.95% | View data |
| 3 | 3 Sweden | 1,261,800 | 2023 | +3.1% | +1.17% | |
| 4 | 4 Ireland | 1,073,100 | 2023 | +4.12% | +1.52% | View data |
| 5 | 5 Finland | 461,600 | 2023 | -0.068% | -1.69% | View data |