The market size value per capita for shawls, scarves, mufflers, mantillas, veils, and similar knitted or crocheted textiles in Ireland has shown consistent growth over the past decade, with a notable increase from 1.31 Euros in 2013 to 1.97 Euros in 2023. Particularly, the market rebounded post-2020, exhibiting strong demand with a year-on-year growth of 12.42% in 2023. The compound annual growth rate (CAGR) over the last five years stands at 2.76%, reflecting steady consumer interest and market expansion.
Future trends to watch for:
- Increased consumer interest in sustainable and ethically produced textiles.
- Innovations in fabric technology and design attracting diverse demographics.
- Expansion in e-commerce presence boosting market access and convenience.
- Potential impacts from economic fluctuations and fashion trends on market dynamics.
