From 2013 to 2023, the Finnish market for tracksuits, ski suits, swimwear, and other knitted or crocheted garments saw a fluctuating decline, ending at 1.3903 million in volume terms in 2023. The most significant year-on-year decreases were recorded in 2014 (-14.49%) and 2023 (-5.27%). The compound annual growth rate (CAGR) over the past five years stood at -1.55%, highlighting a consistent downward trend.
Future trends to watch for include:
- Growing demand for sustainable and ethically produced textiles.
- Technological advancements in knitting and crocheting technologies.
- Increased preference for multifunctional and versatile clothing pieces due to evolving lifestyle needs.