Between 2013 and 2023, the baby garments and accessories market made of cotton in Portugal exhibited fluctuating trends. The market saw a decline in value post-2013, with notable reductions in 2014 and 2015. An upward shift occurred in 2016 and peaked in 2018. However, the market size progressively diminished from 2019 to 2023, reaching $144.82 million. The CAGR over the last five years showed a general contraction at -3.37%, reflecting a declining industry.
Future trends may be influenced by factors such as consumer sustainability preferences, innovations in eco-friendly textiles, and economic recovery post-pandemic. Strategies to leverage these trends could revitalize market growth.
How does Portugal rank in Baby Garments and Accessories Made of Cotton Market Size Value?
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 11,025,000,000 | 2023 | +0.32% | +0.2% | View data |
| 2 | 2 China | 4,664,700,000 | 2023 | +1.32% | -0.15% | View data |
| 3 | 3 United Kingdom | 1,798,500,000 | 2023 | -1.14% | -0.92% | View data |
| 4 | 4 France | 1,728,300,000 | 2023 | -0.57% | -1.1% | View data |
| 5 | 5 India | 1,716,800,000 | 2023 | +8.84% | +6.61% | View data |
| 16 | 16 Sweden | 161,250,000 | 2023 | -0.73% | -0.3% | View data |
| 17 | 17 Switzerland | 152,640,000 | 2023 | +1.6% | +1.12% | View data |
| 18 | 18 Portugal | 144,820,000 | 2023 | -1.8% | -3.37% | |
| 19 | 19 Denmark | 137,990,000 | 2023 | -0.49% | -2.75% | View data |
| 20 | 20 Belgium | 133,910,000 | 2023 | -1.86% | -2.16% | View data |
