Between 2013 and 2023, the volume per capita of Men's or Boys' Shirts of Textile Fabric not knitted or crocheted in Ireland showed fluctuations with a modest overall upward trend, peaking in 2015 at 1.44 and experiencing noticeable decreases in 2017 and 2019. The year 2023 recorded a value of 1.23, indicating a marginal decline from the previous years (2022: 1.24, 2023: 1.23), showing a year-on-year decrease of approximately 0.8%. Over the last five years, the compound annual growth rate (CAGR) indicates modest growth, with a subtle downturn noted post-2019.
Future trends to watch for:
- The impact of fashion trends on demand for non-knitted shirts
- Potential shifts in consumer preference towards eco-friendly fabrics
- The influence of economic conditions on disposable income and purchasing behavior
- The role of e-commerce in distribution channels affecting market dynamics
