The market for men's and boys' cotton jerseys, pullovers, sweatshirts, waistcoats, and cardigans in Ireland displayed steady growth from 2013 to 2023, increasing from 0.76 to 1.01 per capita. This represents significant volume growth, with the highest annual increase in recent years. In 2023, the volume per capita reached 1.01, highlighting a consistent rise in demand.
- Year-on-year growth from 2022 to 2023 was approximately 2.02%.
- Between 2021 to 2023, the growth rate averaged around 2.55% yearly.
- The compound annual growth rate (CAGR) over the past five years was approximately 2.23%.
Looking forward, the market is expected to continue expanding as fashion trends increasingly incorporate casual and sporty styles, driven by lifestyle changes and increasing consumer preference for comfort. Sustainable and eco-friendly materials, along with e-commerce expansion, will be key trends to monitor.
