In 2023, the US imported approximately 11.8 million kilograms of not knitted or crocheted women's and girls' overcoats, capes, or cloaks made of man-made fibers. The forecast data indicates a steady year-on-year growth with percentages showing slight annual increases from 2024 to 2028. For instance, imports are expected to grow from 12.005 million kg in 2024 to 12.9 million kg by 2028, reflecting an annual growth rate of around 1.8% from 2023. This consistent upward trend demonstrates a healthy demand for these garments in the US market.
Trends to watch for in the future include:
- Potential shifts in consumer preferences toward sustainable and eco-friendly textile materials, which could influence import patterns.
- Impacts of geopolitical factors and trade agreements on the supply chain and import tariffs.
- Technological advancements in manufacturing and production efficiencies which could alter cost and pricing structures.