The market size value per capita for pullovers and cardigans made of cotton in Peru increased from $7.42 in 2013 to $8.20 in 2023, reflecting a steady growth trend. Over the past two years, the year-on-year growth was 1.77% from 2021 to 2022, followed by 1.74% from 2022 to 2023. The compound annual growth rate (CAGR) from 2018 to 2023 is approximately 2.39%, indicating a consistent upward trend.
Future trends to watch for include:
- Potential impacts of sustainability and eco-friendly practices on consumer preferences.
- Influence of global cotton supply fluctuations and economic conditions on market dynamics.
- Integration of technological advancements in textile production enhancing market offerings.
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 103.08 | 2023 | View data | ||
| 2 | 2 Austria | 81.39 | 2023 | View data | ||
| 3 | 3 Netherlands | 81.02 | 2023 | View data | ||
| 4 | 4 Sweden | 77.24 | 2023 | View data | ||
| 5 | 5 Italy | 76.1 | 2023 | View data | ||
| 27 | 27 China | 13.81 | 2023 | View data | ||
| 28 | 28 Bosnia and Herzegovina | 9.34 | 2023 | View data | ||
| 29 | 29 Peru | 8.2 | 2023 | |||
| 30 | 30 Bulgaria | 7.9 | 2023 | View data | ||
| 31 | 31 Indonesia | 3.89 | 2023 | View data | ||
