The market size value per capita for babies' garments and clothing accessories that are knitted or crocheted in New Zealand has shown a notable declining trend from 2013 to 2023. In 2013, the value was USD 32.31, and by 2023, it had decreased to USD 16.31, marking a significant drop over the decade. Specifically, the year-on-year decreases for 2022 and 2023 were 5.5% and 5.7% respectively. Over the last five years, the average annual decrease, reflected in the compound annual growth rate (CAGR), was approximately 5.2%.
Looking ahead, potential factors such as sustainability trends, the digitization of retail, and a shift towards personalized and customized baby products could influence the market. Close monitoring of consumer preferences and economic factors will be essential for future developments.
| # | 39 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 36.32 | 2023 | View data | ||
| 2 | 2 Denmark | 34.43 | 2023 | View data | ||
| 3 | 3 United Kingdom | 30.12 | 2023 | View data | ||
| 4 | 4 France | 29.77 | 2023 | View data | ||
| 5 | 5 Australia | 27.34 | 2023 | View data | ||
| 16 | 16 Canada | 16.58 | 2023 | View data | ||
| 17 | 17 Portugal | 16.42 | 2023 | View data | ||
| 18 | 18 New Zealand | 16.31 | 2023 | |||
| 19 | 19 Netherlands | 16.27 | 2023 | View data | ||
| 20 | 20 Croatia | 13.92 | 2023 | View data | ||
