The market for pullovers and cardigans made of synthetic fibres in Iceland stands at $40.33 per capita in 2023. Over the past two years, the market has shown a steady increase, rising from $39.19 in 2021 to $39.77 in 2022, before reaching its current value. This indicates strong recovery and growth after a dip in 2020.
The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) is positive, highlighting a robust expansion despite fluctuations in earlier years.
Future trends to watch for include:
- Sustainability practices influencing synthetic fibre preferences.
- Innovations improving the quality and appeal of synthetic garments.
- Potential impacts of economic shifts on consumer purchasing power and preferences.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 109.81 | 2023 | View data | ||
| 2 | 2 Spain | 108.46 | 2023 | View data | ||
| 3 | 3 Japan | 100.9 | 2023 | View data | ||
| 4 | 4 Austria | 92.1 | 2023 | View data | ||
| 5 | 5 Netherlands | 79.87 | 2023 | View data | ||
| 15 | 15 Ireland | 54.75 | 2023 | View data | ||
| 16 | 16 Chile | 45.26 | 2023 | View data | ||
| 17 | 17 Iceland | 40.33 | 2023 | |||
| 18 | 18 New Zealand | 39.73 | 2023 | View data | ||
| 19 | 19 Belgium | 36.93 | 2023 | View data | ||