Between 2013 and 2023, the per capita market size value for women and girls' bathrobes and dressing gowns made of cotton in Slovakia showed a steady decline from $0.34 to $0.21. The year-on-year percentage decrease for the past two years was approximately -4.35% and -4.55% for 2022 and 2023 respectively. The Compound Annual Growth Rate (CAGR) over the last five years is around -4.88%, indicating a consistent downtrend.
Future trends to watch for:
- Increasing preference for sustainable and eco-friendly textiles might revive interest in cotton products.
- Changing consumer behavior post-pandemic could influence purchasing patterns.
- Potential economic recovery could stabilize or improve market conditions in the coming years.