The UK's market size volume per capita for women's or girls' jackets and blazers of textile fabrics not knitted or crocheted has shown a fluctuating trend from 2013 to 2023. In 2023, the volume per capita stood at 0.22. From 2013's high of 0.27, there was a gradual decline, stabilizing around 0.22-0.24 since 2018, with a noticeable dip to 0.19 in 2020, potentially due to the pandemic. Over the last two years, there was a slight decrease, maintaining near stability. The compound annual growth rate (CAGR) over the past five years points to a decrease, reflecting an average yearly decline.
Future trends to watch for include:
- Sustainability influencing consumer purchases.
- Recovery from economic downturns affecting buying power.
- Impact of fast fashion and digital retailing on consumer behavior.
