The market size value per capita of babies' garments and clothing accessories knitted or crocheted in Portugal has shown some fluctuations between 2013 and 2023. Starting at $17.26 in 2013, it peaked in 2014 at $19.01. Subsequently, it has experienced a general downward trend, reaching $16.42 by 2023. Over the last two years, the market has seen reductions of 1.42% in 2022 and 1.26% in 2023. The compound annual growth rate (CAGR) over the past five years has been negative, suggesting a gradual decline in the market value per capita during this period.
For future trends, a closer examination of demographic shifts, economic conditions, and consumer preferences is crucial. Potential growth drivers could include an increase in birth rates or a surge in consumer spending on premium infant clothing. Meanwhile, sustainability trends and the rise of e-commerce may influence market dynamics further.
| # | 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 | ||
| 15 | 15 Chile | 16.76 | 2023 | View data | ||
| 16 | 16 Canada | 16.58 | 2023 | View data | ||
| 17 | 17 Portugal | 16.42 | 2023 | |||
| 18 | 18 New Zealand | 16.31 | 2023 | View data | ||
| 19 | 19 Netherlands | 16.27 | 2023 | View data | ||
