The Articles of Apparel and Clothing Accessories of Furskin market in Mexico shows a declining trend in market size value per capita, decreasing from $0.063 in 2013 to $0.025 in 2023. This represents a significant reduction of 60.3% over the period. Recent data reflects a year-on-year decrease of 7.4% from 2022 to 2023. Over the last five years, the market experienced a Compound Annual Growth Rate (CAGR) of -3.76%, indicating a steady decline.
Future trends to consider include shifts in consumer preferences towards sustainable and ethical clothing alternatives, regulatory changes impacting furskin trade, and potential technological advancements in synthetic alternatives that might influence the market dynamics significantly.
How does Mexico rank in Articles of Apparel and Clothing Accessories of Furskin Market Size Value Per Capita?
| # | 6 Countries | US Dollars Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 South Korea | 6.55 | 2023 | View data |
| 2 | 2 Austria | 3.7 | 2023 | View data |
| 3 | 3 Uruguay | 1.15 | 2023 | View data |
| 4 | 4 Spain | 0.78 | 2023 | View data |
| 5 | 5 Poland | 0.13 | 2023 | View data |
| 6 | 6 Mexico | 0.025 | 2023 |
