The Men's or Boys' Trousers and Breeches of Denim market in Ireland has experienced fluctuations over the past decade. From 2013 to 2015, there was a minor increase from 0.45 to 0.52 pieces per capita. A slight dip in 2016 returned to growth in 2017, reaching 0.54. A notable increase occurs from 2018 to 2023, hitting 0.60 per capita, indicating strengthening demand.
Highlights of Year-on-Year Variations:
- 2019 to 2020: noticeable decrease of approximately 15%
- 2021 to 2023: steady growth rate of about 1.69% annually
CAGR from 2018 to 2023 is approximately 0.68%, reflecting moderate, consistent market expansion.
Looking ahead, potential trends include increased preference for sustainable denim, rising imports due to global production shifts, and potential impact from fashion shifts favoring alternative materials. Monitoring these could indicate future market dynamics in Ireland.
