The market for pullovers and cardigans made of materials other than cotton, wool, or synthetic fibers in China is showing a gradual decline in value from 2024 to 2028, with a slight year-on-year decrease. In 2023, the market size was at 696.5 million USD. From 2024 to 2028, a minimal annual decrease reflects a stable market with limited volatility. The compound annual growth rate (CAGR) over this period is negative, pointing to consistent contraction.
Future trends to watch include:
- Increased environmental concerns might drive demand for sustainable and alternative materials.
- Technological innovations in fabric production could alter market dynamics.
- Economic factors and changing consumer preferences toward multifunctional, durable garments could impact market demand.