From 2013 to 2023, the volume per capita of women's or girls' blouses, shirts, and shirt-blouses of knitted or crocheted textiles in Finland decreased from 0.63 to 0.28. The highest decline was between 2013 and 2014 by approximately 22.2%. Over the last five years (2018-2023), the CAGR was approximately -5.8%, with minor fluctuations observed in the recent two years: a slight increase of about 3.8% in 2022, followed by a decrease of 3.4% in 2023.
Future trends to watch for:
- Potential market recovery as consumer spending stabilizes post-pandemic.
- Increased interest in sustainable and ethical clothing, potentially boosting the market.
- Impact of e-commerce growth and digital marketing strategies on future sales.