The market size value per capita for T-shirts made of materials other than cotton in New Zealand stood at $45 in 2023. Over the past two years, there has been a consistent positive growth trend, with a year-on-year increase of 1.77% in 2022 and 1.72% in 2023. Over the last five years, the compound annual growth rate (CAGR) was 1.14%, indicating a stable market with moderate growth.
Future trends to watch for:
- Increased demand for sustainable materials driving market innovation.
- Potential impact of eco-conscious consumer choices on market dynamics.
- Technological advancements in fabric manufacturing enhancing product offerings.
