The market for women's or girls' overcoats and similar textile articles in Latvia showed fluctuations in the per capita volume from 2013 to 2023. After a decline from 2013 to 2015, the market experienced moderate growth, peaking in 2017. The volume stabilized around 0.3 per capita from 2018 to 2023. In 2023, the per capita volume stood at 0.27. The last two years (2022-2023) showed a slight increase, but overall, the market has been relatively stable with a five-year CAGR indicating minor annual variations.
Looking ahead, potential future trends include a possible increase in demand driven by fashion trends, climate adaptation, and increased disposable income. Environmental and sustainability factors may also influence consumer preferences and product innovation.
