The market size value per capita for women’s and girls’ trousers and shorts made of materials other than synthetic fibers, wool, and cotton in Singapore has shown a consistent upward trend over the last decade. Starting from a value of $1.87 USD in 2013, it increased to $2.52 USD by 2023, showing a compounded annual growth rate (CAGR) of approximately 3.5% over the past five years. Notably, the market value grew more prominently in recent years, with a 1.2% and 1.6% increase in 2022 and 2023, respectively, indicative of a strong recovery post-2020.
Future trends to watch for include:
- A shift towards sustainable and environmentally-friendly materials as consumers become more conscious.
- Potential innovation in fabric technology, offering comfort and performance attributes that could attract a wider audience.
- Continued impact of fashion trends and seasonal variations on consumer preferences.
