Between 2013 and 2023, the market size for women and girls slips or petticoats made of synthetic fibers in Japan experienced a declining trend, starting from a value of 53.44 million USD in 2013 to 30.135 million USD in 2023. Over the last decade, fluctuations were visible with significant drops, notably in 2017 and 2020, and intermittent recoveries such as in 2015 and 2021. In recent years, the trend shows stagnation with a consistent decrease around 5% annually. The compound annual growth rate over the last 5 years stood at -3.97%, highlighting a sustained decrease.
Looking forward, the market could be influenced by several emerging trends:
- The growing interest in sustainable fashion might drive a shift towards eco-friendly synthetic materials.
- Diversification of design and functionality could attract younger demographics.
- Technological advancements in textile manufacturing may offer innovation opportunities and cost reduction.