In 2023, the market size value per capita for pullovers and cardigans made of materials (except cotton, wool, or synthetic fibres) in France stood higher than subsequent forecasted values. The projected decline begins in 2024 at $3.95, decreasing annually to reach $3.43 by 2028. This represents a consistent year-on-year decrease, illustrating a downward trend with a compound annual growth rate (CAGR) showing an average negative change over these years.
Future trends to watch for include:
- An increasing consumer preference for sustainable and eco-friendly materials impacting market dynamics.
- Potential innovations in non-traditional fibres that might revitalize consumer interest.
- Global economic conditions and their impact on luxury and niche market segments.
