The market size value per capita for cotton T-shirts in Germany showcased fluctuations between 2013 and 2023. The highest peak occurred in 2014, with a subsequent decline until 2016, followed by moderate recovery phases. By 2023, the per capita value stood at $96.48, indicating a sustained decrease from the $114.75 observed in 2013. Notably, there is a continuous drop since 2020, reflecting a negative trend.
In terms of year-on-year changes, recent decreases are prominent with 2022 and 2023 marking minor declines. The average annual decrease over the last five years due to market dynamics and potential external economic factors sums to a negative CAGR.
Future trends to watch include shifts in consumer preferences towards sustainably produced garments and increased competition from synthetic and blended fabrics. This might either decelerate the decline or provide new growth opportunities depending on strategic adaptions by market players.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 118.82 | 2023 | View data | ||
| 2 | 2 Spain | 112.49 | 2023 | View data | ||
| 3 | 3 United Kingdom | 110.82 | 2023 | View data | ||
| 4 | 4 Australia | 99.44 | 2023 | View data | ||
| 5 | 5 Germany | 96.48 | 2023 | |||
| 6 | 6 Italy | 90.81 | 2023 | View data | ||
| 7 | 7 Israel | 87.64 | 2023 | View data | ||
