The Men's or Boys' Trousers and Breeches of Cotton market size value per capita in Belgium has shown a consistent decline from 8.01 Euros in 2013 to 5.2 Euros in 2023. This represents a negative year-on-year variation, highlighting a steady decline in consumer spending per capita over the years. Specifically, the year-on-year decreases for 2022-2023 and 2021-2022 were approximately 3.2% and 3.36% respectively. Analyzing over a five-year period from 2018 to 2023, the compound annual growth rate (CAGR) shows an average annual decline of approximately 3.4%, indicating a continuing downtrend.
Looking ahead, potential trends to watch in this market include:
- Shifts in consumer preferences towards sustainable and ethically produced clothing, which could alter market dynamics.
- The impact of economic conditions and inflation on disposable income, possibly affecting consumer spending further.
- Technological advancements and online retail strategies influencing consumer buying behavior in this segment.
| # | 13 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 15.09 | 2023 | View data | ||
| 2 | 2 Portugal | 8.02 | 2023 | View data | ||
| 3 | 3 Ireland | 7.77 | 2023 | View data | ||
| 4 | 4 France | 7.29 | 2023 | View data | ||
| 5 | 5 Spain | 6.52 | 2023 | View data | ||
| 8 | 8 Hungary | 5.43 | 2023 | View data | ||
| 9 | 9 Poland | 5.25 | 2023 | View data | ||
| 10 | 10 Belgium | 5.2 | 2023 | |||
| 11 | 11 Slovenia | 4.9 | 2023 | View data | ||
| 12 | 12 Finland | 3.81 | 2023 | View data | ||
