The Pullovers and Cardigans Made of Synthetic Fibres market in Indonesia has shown a steady upward trend in value per capita since 2013, with a notable dip during 2020 followed by a recovery. In 2023, the value reached 2.66 USD, a 6.8% increase year-on-year from 2022. Over the last two years, the market grew on average by 7.2% annually, reflecting a positive trajectory post-pandemic. The five-year CAGR stands at approximately 2.8%, indicating modest but consistent growth driven by consumer interest in synthetic fibre apparel.
Future trends to watch for include technological advancements in synthetic materials enhancing demand, increased domestic manufacturing capabilities, and evolving fashion trends influenced by social media. Environmental sustainability initiatives could impact consumer preferences towards eco-friendly synthetic fibres.
