The Women and Girls Slips or Petticoats Made of Synthetic Fibres market in Japan has seen a steady decline from 0.42 USD per capita in 2013 to 0.24 USD per capita in 2023. Notably, the market saw significant downturns in 2017 and 2018, followed by continued decreases in subsequent years, except for a minor uptick in 2021. The market value in 2023 represents a 4% decrease compared to 2022, and the 5-year CAGR reveals an average annual reduction of approximately 4.5%.
Future trends to watch for include:
- Growth of sustainable fabrics and consumer preferences moving away from synthetic options.
- Potential post-covid economic impacts leading to changes in discretionary spending.
- Possible innovations in synthetic textiles that might rekindle interest in these products.