Between 2013 and 2023, the per capita market size for T-shirts made of cotton in Jamaica showed a declining trend, dropping from $4.55 to $2.89. The past two years saw a year-on-year decrease of 2.4% from 2022 to 2023. Analyzing the last five years, the compound annual growth rate (CAGR) indicates an average yearly decline of 1.56% from 2018. As of 2023, the market stood at $2.89 per capita.
Future trends to monitor include potential shifts in consumer preferences towards sustainable and organic cotton products, as well as economic factors influencing purchasing power in Jamaica. Additionally, digital marketing and e-commerce platforms may offer opportunities for market growth.
| # | 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 | View data | ||
| 36 | 36 Indonesia | 3.2 | 2023 | View data | ||
| 37 | 37 India | 3.01 | 2023 | View data | ||
| 38 | 38 Jamaica | 2.89 | 2023 | |||
| 39 | 39 Guyana | 2.07 | 2023 | View data | ||
| 40 | 40 Honduras | 1.72 | 2023 | View data | ||
