The market for women and girls' knitted or crocheted underwear and nightwear in Madagascar showed fluctuations between 2013 and 2023, with its value reaching 3.0826 million USD in 2023. The year-on-year variation in 2022 and 2023 was positive, highlighting a slow recovery. Notably, there was a significant dip in 2018 and 2019, followed by gradual growth. Over the last five years, the compound annual growth rate (CAGR) averaged at 0.64%, indicating slow but consistent market growth.
Future trends to watch include the influence of changing consumer preferences towards sustainability and the impact of economic conditions on disposable income and spending power. These will be crucial in understanding future market directions.
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 35 | 35 Montenegro | 4,021,300 | 2023 | +3.53% | +2.11% | View data |
| 36 | 36 Malta | 3,391,200 | 2023 | +1.32% | -0.28% | View data |
| 37 | 37 Madagascar | 3,082,600 | 2023 | +1.25% | +0.64% | |
