The Women and Girls Underwear and Nightwear Knitted or Crocheted market in New Zealand demonstrated a fluctuating but generally downward trend in terms of value, decreasing from 174.56 million USD in 2013 to 157.35 million USD in 2023. This represents a compound annual growth rate (CAGR) of approximately 0.53% over the last five years, showing gradual stabilization after more severe declines in previous years. The market experienced minor year-on-year declines of 0.2% in both 2022 and 2023.
Future trends to watch for include:
- Potential market recovery supported by increasing consumer demand for sustainable and eco-friendly products.
- Growth in e-commerce channels offering competitive pricing and variety.
- Technological advancements leading to innovative product offerings.
- Heightened brand competition focusing on comfort, quality, and affordability.
How does New Zealand rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 18 | 18 Belgium | 171,670,000 | 2023 | -7.48% | -6.81% | View data |
| 19 | 19 Norway | 168,600,000 | 2023 | -0.86% | -2.19% | View data |
| 20 | 20 New Zealand | 157,350,000 | 2023 | -0.2% | +0.53% | |
| 21 | 21 Denmark | 155,590,000 | 2023 | -4.72% | -6.42% | View data |
| 22 | 22 Hungary | 120,360,000 | 2023 | +4.87% | +4.73% | View data |
