The market for pullovers and cardigans made of cotton in China showed a progressive increase from 2013 to 2023, reaching a size value of $19.033 billion. After a decline in 2020, the market resumed its growth, achieving a year-on-year increase of 3.2% in 2023. Over the past five years, the market experienced an average annual growth rate of 2.89%.
Future trends to watch:
- Innovation in sustainable and eco-friendly cotton production.
- Continued growth in the apparel industry in China driven by increased consumer spending.
- Impact of fluctuating raw material prices on market dynamics.
- Shift towards digital and online retail channels post-pandemic.
How does China rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
