The Baby Garments and Accessories Made of Cotton market in Japan shows a declining trend from 2013 to 2023. The per capita value decreased from $8.61 in 2013 to $5.43 in 2023, a significant drop. The year-on-year percentage variations over the last two years reveal a 5.4% decline from 2022 to 2023 and a 5.4% decline from 2021 to 2022. The compound annual growth rate (CAGR) over the last five years indicates an average annual decrease of 5.6% in value per capita.
Future trends to watch for include potential recovery driven by demographic changes or fashion trends favoring sustainable cotton, which may stimulate demand. However, continued monitoring is necessary as the market may still face challenges due to Japan’s low birth rate and shifting consumer preferences.
| # | 32 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 28.67 | 2023 | View data | ||
| 2 | 2 United Kingdom | 26.37 | 2023 | View data | ||
| 3 | 3 France | 25.45 | 2023 | View data | ||
| 4 | 4 Australia | 25.02 | 2023 | View data | ||
| 5 | 5 Denmark | 24.17 | 2023 | View data | ||
| 22 | 22 Estonia | 6.12 | 2023 | View data | ||
| 23 | 23 Norway | 6.02 | 2023 | View data | ||
| 24 | 24 Japan | 5.43 | 2023 | |||
| 25 | 25 China | 3.31 | 2023 | View data | ||
| 26 | 26 Bosnia and Herzegovina | 2.24 | 2023 | View data | ||
