The UK's Men's and Boys' Dressing Gowns, Bathrobes market of knitted or crocheted textiles expanded steadily from 2013 to 2023, reaching a value of 53.219 million Euros in 2023. After a slight slump in 2020, the market rebounded with significant growth in 2021. Year-on-year growth fluctuated, peaking in 2021 at 24.8%, followed by a slower yet consistent rise through 2023. The compound annual growth rate (CAGR) over the past five years is 4.67%, reflecting a moderate upward trend.
Future trends to monitor include:
- Consumer preferences shifting towards sustainable materials.
- An increase in homebound lifestyles potentially increasing demand.
- E-commerce growth enhancing market accessibility.
- Potential impact of economic conditions on discretionary spending.
