The market for women and girl blouses and shirts made of cotton in Singapore has shown a consistent decline over the past decade, dropping from $35.71 million in 2013 to $16.319 million in 2023. This represents a significant contraction in the market size, attributed to a year-on-year decline averaging between -4.57% and -16.6% over the years, and a compound annual growth rate (CAGR) of -5.25% over the last five years. The most recent two-year span saw a decline of around -5.39% to -5.59% year-on-year, emphasizing the market’s persistent shrinkage.
Future trends to watch for include potential shifts in consumer preferences towards sustainable or diversified textile blends, as well as the impact of digital sales channels. Innovations in fashion technology and increasing environmental awareness could also drive changes in demand dynamics within this market segment.
