The market size volume per capita for women's cotton jerseys, pullovers, sweatshirts, waistcoats, and cardigans in Spain has shown a downward trend from 0.67 s per capita in 2013 to 0.5 s per capita in 2023. The notable decreases were from 2014 to 2015 and 2019 to 2020. The year-on-year variation for the 2022-2023 period showed modest growth, stabilizing the decline. The compound annual growth rate (CAGR) from 2018 to 2023 indicates an overall annual decrease, reflecting a persistent reduction in consumption over time.
Looking forward, watch for:
- Shifts in consumer preferences towards sustainable and eco-friendly materials.
- Potential influences of economic conditions on consumer purchasing powers.
- Innovation in textile technology that could revitalize interest in cotton products.
- Impact of fashion trends and seasonal changes on cotton garment demand.