The UK market for Men's or Boys' Trousers and Breeches of Man-Made Fibres experienced notable fluctuations between 2013 and 2023. The market saw growth with a peak in 2014 but declined considerably afterward, touching a low in 2020. A modest recovery was observed in 2021; however, the market continued its decline with a slight decrease in 2022 and 2023. As of 2023, the market volume stood at 24.545 million.
Key aspects to consider:
- The year-on-year change from 2022 to 2023 was a slight decline of 2.44%.
- Over the past five years, the market experienced an average annual decline of 2.33% (CAGR).
Future trends to monitor include potential recovery driven by economic factors and changing consumer preferences towards sustainable and functional apparel, which could impact the demand for man-made fibres in the trousers and breeches segment.