From 2013 to 2023, Belgium experienced a declining trend in the market size volume per capita for women's and girls' trousers and breeches of cotton, decreasing from 0.47 to 0.28. This represents a gradual reduction over the period. Although a slight uptick occurred in 2020 and 2021, with values reaching 0.3 and 0.31 respectively, it regressed back to 0.28 by 2023. The recent two-year period (2022-2023) saw a slight negative change of 6.67%. Over the past five years, the Compound Annual Growth Rate (CAGR) indicates a consistent shrinking trend.
Future trends to watch for:
- Potential recovery or stabilization in post-pandemic market conditions.
- Influence of sustainability and eco-friendly materials on consumer preferences.
- Impact of fashion trends and changing consumer behavior on purchasing volumes.