From 2013 to 2023, the market for women and girls jackets and blazers made of synthetic fibers in Ireland showed fluctuating trends. In 2023, the market value stood at $8.8303 million USD. The year-on-year growth experienced significant changes, characterized by dramatic drops in 2016 and 2020, at -0.97% and -18.38% respectively, while achieving strong growth in 2021 at 21.16%. The 5-year CAGR from 2018 to 2023 was moderate at 1.2%, marking a recovery period from previous downturns and indicating resilience in market growth.
Future trends to watch for:
- Innovations in sustainable synthetic fibers as consumers demand more eco-friendly options.
- Impact of global economic conditions on consumer spending and fashion trends.
- Changing preference towards versatile and comfort-driven fashion post-pandemic.