In 2023, the women's and girls' blouses, shirts, and shirt-blouses market of knitted or crocheted textiles in Lithuania stood at 3.4459 million in volume. The market has demonstrated fluctuating trends over the past decade, with notable declines in 2017, 2018, and 2020, followed by recovery in subsequent years. The year-on-year variation from 2022 to 2023 showed a slight reduction of 0.39%. In the last five years, the market experienced a compound annual growth rate (CAGR) of 0.16%, reflecting a relatively stable but slow growth rate.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly textile products.
- Potential market growth driven by technological advancements in fabric production.
- The impact of global economic conditions and consumer spending patterns on clothing demand.
- Evolving fashion trends influencing consumer preferences for blouses and shirts.