The market for T-shirts made from materials other than cotton in Uruguay has shown consistent growth over the past years, standing at $57.634 million in 2023. The year-on-year growth has been gradually declining, from a high of 12.54% in 2015 to 2.18% in 2023, indicating a maturing market. The Compound Annual Growth Rate (CAGR) for the last five years is a modest 2.23%, reflecting stable but slowing growth.
Future trends to watch:
- Sustainability trends may drive demand for alternative materials.
- Technology advancements in textile may introduce new materials, diversifying choices.
- Fashion trends and consumer preferences will continue to influence market dynamics.
| # | 29 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,760,000,000 | 2023 | +2.24% | +2.85% | View data |
| 2 | 2 Japan | 5,736,600,000 | 2023 | -0.8% | -1.3% | View data |
| 3 | 3 Germany | 5,315,500,000 | 2023 | +1.36% | +1.72% | View data |
| 4 | 4 France | 3,742,100,000 | 2023 | +1.33% | +1.52% | View data |
| 5 | 5 United Kingdom | 3,668,300,000 | 2023 | +0.86% | +1.29% | View data |
| 21 | 21 Hungary | 121,680,000 | 2023 | +4.02% | +4.1% | View data |
| 22 | 22 Slovakia | 112,270,000 | 2023 | +2.39% | +3.63% | View data |
| 23 | 23 Uruguay | 57,634,000 | 2023 | +2.18% | +2.23% | |
| 24 | 24 Paraguay | 28,456,000 | 2023 | -0.1% | -0.61% | View data |
| 25 | 25 Lithuania | 24,014,000 | 2023 | +2.14% | +2.22% | View data |
