The market size value per capita for women and girls' cotton dresses in Peru declined from $1.55 in 2016 to $1.25 in 2023, showing an overall downward trend. Notably, the market dipped to its lowest at $1.21 in 2020. Over the past two years, the values remained stable at around $1.25. Between 2019 and 2023, the compound annual growth rate (CAGR) was approximately -0.2%, indicating a slight decline.
Future trends to watch:
- Potential market revival owing to increased consumer spending on apparel post-economic recovery.
- The influence of sustainable fashion trends could spur growth in the demand for cotton dresses.
- Monitoring shifts in consumer preferences for different clothing materials could impact the market.
| # | 28 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 13.17 | 2023 | View data | ||
| 2 | 2 Denmark | 12.35 | 2023 | View data | ||
| 3 | 3 Germany | 11.86 | 2023 | View data | ||
| 4 | 4 United Kingdom | 10.86 | 2023 | View data | ||
| 5 | 5 Spain | 9.91 | 2023 | View data | ||
| 18 | 18 Chile | 1.37 | 2023 | View data | ||
| 19 | 19 Uruguay | 1.3 | 2023 | View data | ||
| 20 | 20 Peru | 1.25 | 2023 | |||
| 21 | 21 Barbados | 0.85 | 2023 | View data | ||
| 22 | 22 South Africa | 0.66 | 2023 | View data | ||
