In 2023, the market size value per capita for pullovers and cardigans made of cotton in Germany was $73.92, reflecting a gradual decline from 2013's $78.01. The most recent two-year period from 2021 to 2023 saw the market shrink by approximately 0.22% on average per year. Over the last five years, from 2018 to 2023, the compound annual growth rate (CAGR) indicated an average annual decline of about 0.64%.
Future trends to watch for include:
- Shift towards sustainable and eco-friendly clothing potentially influencing consumer preferences.
- Impact of economic conditions on discretionary spending in the apparel sector.
- Potential rise of online retail and digital customization in fashion.
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 103.08 | 2023 | View data | ||
| 2 | 2 Austria | 81.39 | 2023 | View data | ||
| 3 | 3 Netherlands | 81.02 | 2023 | View data | ||
| 4 | 4 Sweden | 77.24 | 2023 | View data | ||
| 5 | 5 Italy | 76.1 | 2023 | View data | ||
| 6 | 6 United Kingdom | 74.92 | 2023 | View data | ||
| 7 | 7 Germany | 73.92 | 2023 | |||
| 8 | 8 Norway | 69.06 | 2023 | View data | ||
| 9 | 9 France | 64.53 | 2023 | View data | ||