The market size volume per capita for women's or girls' jerseys, pullovers, sweatshirts, waistcoats, and cardigans of man-made fibres in Denmark stood at 1.19 in 2023. Over the ten-year period from 2013 to 2023, we witnessed fluctuations with a modest increase followed by a stabilization phase. A noticeable dip was experienced in 2016, but the market recovered by 2020, ending with a slight decrease between 2022 and 2023. The year-on-year variation for the last two years shows stability with marginal decline, while the five-year CAGR indicates a conservative growth trajectory, consistent with a saturated market.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly man-made fibres as consumer awareness rises.
- Potential disruptions or influences from economic conditions affecting consumer spending.
- Technological advancements in fibre production could drive innovation in product offerings.
- Evolving fashion trends and seasonal preferences which might impact the variety within this market segment.