In 2023, the market size value per capita for men's and boys' trousers and shorts made of synthetic fibers in New Zealand stood at $9.45, reflecting a consistent increase from previous years. Over the last two years, there was an upward trend with a year-on-year growth rate of approximately 1.72% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years shows an average yearly increase of approximately 1.34%, indicating resilience and a steady demand for synthetic fiber products within this market.
Future trends to watch for include the potential impact of sustainability initiatives on synthetic fiber preferences, innovations in eco-friendly synthetic materials, and shifts in consumer fashion trends that might influence market growth trajectories.
