The UK's market size volume per capita for women's and girls' overcoats, car coats, capes, cloaks, anoraks, wind-cheaters, wind-jackets, and similar articles of textile fabrics, not knitted or crocheted, showed fluctuations between 2013 and 2023. The volume per capita in 2023 was 0.52 s. Notably, the market experienced significant drops in 2015 and 2020 with values falling to 0.42 s, attributed to cyclical industry changes and the pandemic. However, recovery observed post-2020 suggests resilience. Between 2018 and 2023, the compound annual growth rate (CAGR) reflects stable growth, indicating consumer steadiness.
Future trends to watch include:
- Increased focus on sustainability and eco-friendly materials could reshape product offerings.
- Tech integration and smart textiles might enhance functionality and attract tech-savvy consumers.
- Fluctuations in weather patterns could influence seasonal demand.
- Post-Brexit trade policies might impact supply chain and pricing structures.
