The Finnish market for men's or boy's overcoats and similar articles knitted or crocheted grew from 2013 to 2023. In 2023, the market stood at €10.543 million, marking a 3.05% increase from 2022. Notable fluctuations included steep declines in 2014 and 2019, while 2021 saw the highest growth at 32.29% year-on-year. The five-year CAGR up to 2023 was 3.21%, indicating moderate long-term growth.
Future trends to watch for:
- Growing consumer interest in sustainable and eco-friendly textiles.
- An increasing demand for multifunctional and weather-resistant garments.
- Potential impacts from global economic conditions on consumer spending.
- Innovation in fabric technology for enhanced comfort and performance.