The market size value per capita for pullovers and cardigans made of cotton in China is projected to show a steady growth from 2024 to 2028. Starting at $14.23 in 2024, it is expected to reach $15.90 by 2028, indicating a consistent upward trend. The year-on-year growth rates are stable, with a gradual increase each year.
The compound annual growth rate (CAGR) from 2024 to 2028 is calculated to be around 2.8%. This suggests a robust interest and demand for cotton pullovers and cardigans among Chinese consumers, likely driven by lifestyle preferences and fashion trends.
Future trends to watch for include:
- Increasing consumer preference for sustainable and comfortable clothing options.
- Expansion of e-commerce platforms and international brands penetrating the Chinese market.
- Potential impacts of economic conditions on discretionary spending.