The per capita value of men's and boys' jackets and blazers made of synthetic fibers in Bosnia and Herzegovina displayed a consistent average value of $0.14 from 2013 to 2019. A slight dip was noted in 2020 at $0.12, followed by a recovery and stabilization at $0.15 from 2021 to 2023. The year-on-year variation from 2022 to 2023 is 0%, indicating steady growth. The compound annual growth rate (CAGR) from 2019 to 2023 is 1.75%, reflecting a gradual increase in the market size.
Future trends to watch for include:
- Increased consumer preference for synthetic fibers due to sustainability and cost-effectiveness.
- Potential market expansion influenced by changing fashion trends and rising disposable incomes.
- The impact of global supply chain dynamics on pricing and availability of synthetic fabric-based clothing.