The market size value per capita for track suits made of synthetic fibers in Cyprus witnessed small fluctuations from 2013 to 2023. In 2023, the value stood at USD 1.49 per capita. Between 2022 and 2023, a minor decline of 0.67% occurred, while from 2021 to 2022, it decreased by approximately 1.32%. Over the last five years, the compound annual growth rate (CAGR) has been relatively stable, showing an average variation of -0.1% per year. This suggests a steady, albeit slightly declining market.
Future trends to watch for include a potential shift towards sustainable and eco-friendly synthetic materials, which may influence market dynamics. Additionally, changing consumer preferences towards athleisure and multi-functional apparel could drive innovation and market growth in the coming years.
How does Cyprus rank in Track Suits Made of Synthetic Fibres Market Size Value Per Capita?
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 2.43 | 2023 | View data | ||
| 2 | 2 France | 2.38 | 2023 | View data | ||
| 3 | 3 Netherlands | 2.22 | 2023 | View data | ||
| 4 | 4 Switzerland | 1.84 | 2023 | View data | ||
| 5 | 5 Germany | 1.55 | 2023 | View data | ||
| 6 | 6 Croatia | 1.5 | 2023 | View data | ||
| 7 | 7 Cyprus | 1.49 | 2023 | |||
| 8 | 8 Sweden | 1.33 | 2023 | View data | ||
| 9 | 9 Malta | 1.08 | 2023 | View data | ||
