Between 2013 and 2023, the UK market for women's and girls' jerseys, pullovers, sweatshirts, waistcoats, and cardigans made of man-made fibers experienced fluctuations, reaching a value of 941.01 million euros in 2023. Notably, there was a sharp decline in 2020 (-16.61%), likely due to the pandemic, followed by partial recovery in 2021 with a 21.03% increase. The market's compound annual growth rate (CAGR) for the past five years is 0.87%, indicating modest growth.
Future trends to watch include:
- Potential shifts toward sustainable and eco-friendly materials.
- Innovations in material technology that could appeal to environmentally conscious consumers.
- The influence of e-commerce and online retail growth on market dynamics.
How does the United Kingdom rank in Women's or Girls' Jerseys, Pullovers, Sweatshirts, Waistcoats and Cardigans of Man-Made Fibres Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,140,000,000 | 2023 | +0.77% | -0.67% | View data |
| 2 | 2 United Kingdom | 941,010,000 | 2023 | +0.43% | +0.87% | |
| 3 | 3 France | 939,390,000 | 2023 | +1.64% | -2.12% | View data |
| 4 | 4 Austria | 219,230,000 | 2023 | +2.71% | -0.15% | View data |
| 5 | 5 Belgium | 172,240,000 | 2023 | +5.57% | +0.53% | View data |