The market size for non-coloured cotton fabrics weighing at most 200 g/m² in Bulgaria has experienced a downward trend from 2013 to 2023, declining from 47.911 million euros to 30.906 million euros. Over the past decade, the market witnessed fluctuations, with significant drops in particular years, such as 2015 and 2021. The year-on-year decrease was notable, particularly over the last two years, highlighting a consistency in declining market values. The compound annual growth rate (CAGR) over the last five years was -4.56%, reflecting an average decline per annum.
Looking forward to future trends, factors to monitor include advancements in textile technology, shifts in consumer preferences towards sustainable and lightweight materials, and potential economic fluctuations influencing manufacturing and demand. These aspects could impact the market's recovery or further decline in the coming years.
