The Women's or Girls' Jerseys, Pullovers, Sweatshirts, Waistcoats, and Cardigans of Cotton market in Greece has shown a notable upward trend over the last decade, reaching 3.95 million units in 2023. The market experienced significant growth between 2015 and 2017, with year-on-year increases peaking at 14.08% in 2015. Despite a dip in 2018, the market regained momentum, achieving consistent growth rates close to 3% annually post-2019. The Compound Annual Growth Rate (CAGR) over the past five years stands at 5.88%, indicating a healthy growth trajectory.
Future trends to watch include potential shifts in consumer preferences towards sustainable and eco-friendly apparel, which may influence production and consumption patterns in this sector. Additionally, the impact of technological advancements in textile manufacturing and shifts in global supply chains due to socio-economic factors may affect market dynamics. Enhanced online retailing might also play a crucial role in driving future market growth.
