From 2013 to 2023, the per capita market size value of women and girls' skirts made of cotton in Latvia showed variability. Starting at $0.3 in 2013, it slightly declined to $0.27 in 2015. Subsequently, there was a recovery peaking at $0.32 in 2017, followed by a stabilization around $0.3 until a slight dip to $0.29 in 2023. The year-on-year variation reveals a minor decline in recent years, and the CAGR over the last five years represents a subtle decreasing trend.
Future trends to watch for:
- Consumer preference shifts towards sustainable materials could drive demand.
- Economic factors influencing consumer spending power.
- Potential impacts of fashion trends on cotton skirt popularity.
