In 2023, the value per capita in the UK for men's or boys' trousers and breeches of man-made fibres was higher than the forecasted values for 2024 and beyond. Forecasts from 2024 to 2028 show a consistent declining trend with values diminishing from €3.32 to €3.06 per capita. Year-on-year percentage changes are negative, indicating a decrease in market size value, with the compounded annual growth rate (CAGR) highlighting an average decline per year over five years.
Future trends to watch for include:
- The impact of sustainability and eco-friendly materials on consumer preferences.
- Continued adoption of e-commerce and the digital shopping experience.
- Potential impact of economic fluctuations on discretionary clothing purchases.
