Between 2013 and 2023, the market for women's and girls' jackets and blazers of textile fabrics not knitted or crocheted in Belgium exhibited a declining trend. By 2023, the market size stood at 54.525 million Euros, showing a consistent year-on-year decline across recent years. Notably, the market experienced a considerable 6.09% decrease in 2023, with an average annual CAGR of -5% over the last five years, indicating a shrinking market size.
Future trends to watch:
- Adoption of sustainable and eco-friendly materials to meet rising consumer demand for ethical fashion.
- Potential recovery and growth in the sector driven by increasing online retail and digital marketing strategies.
- Impact of global economic factors on consumer purchasing power, influencing market size and growth pattern.
How does Belgium rank in Women's or Girls' Jackets and Blazers of Textile Fabrics Not Knitted or Crocheted Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 323,160,000 | 2023 | -0.037% | +2.34% | View data |
| 2 | 2 United Kingdom | 321,670,000 | 2023 | -0.55% | +0.22% | View data |
| 3 | 3 Germany | 192,870,000 | 2023 | -4.22% | -3.75% | View data |
| 4 | 4 Austria | 106,090,000 | 2023 | -0.028% | -2.44% | View data |
| 5 | 5 Romania | 79,150,000 | 2023 | +2.7% | +1.5% | View data |
| 6 | 6 Belgium | 54,525,000 | 2023 | -6.09% | -5% | |
| 7 | 7 Ireland | 39,078,000 | 2023 | +0.19% | -0.54% | View data |
| 8 | 8 Greece | 33,678,000 | 2023 | +1.32% | +0.85% | View data |
