The Baby Garments and Accessories Made of Synthetic Fibres Market in Mexico experienced a stable per capita value from 2013 to 2016 at $0.36. However, a notable decline started in 2017, reaching $0.31, and further decreased to $0.26 by 2020. In 2021, a slight improvement was observed, recovering to $0.30 until 2022, with a marginal dip to $0.29 in 2023. The market saw a year-on-year decrease of approximately 3.33% over the last two years. The 5-year CAGR stands at -1.34%, indicating an overall negative trend.
Future trends to watch for include:
- Increasing consumer preference for sustainable and eco-friendly materials which might influence synthetic fibre demand negatively.
- Fluctuations in global supply chains affecting synthetic fibres production costs.
- Potential economic recovery driving increased consumer spending in the baby apparel sector.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 4.07 | 2023 | View data | ||
| 2 | 2 France | 3.51 | 2023 | View data | ||
| 3 | 3 United Kingdom | 3.02 | 2023 | View data | ||
| 4 | 4 Japan | 2.51 | 2023 | View data | ||
| 5 | 5 Canada | 2.47 | 2023 | View data | ||
| 13 | 13 Slovakia | 0.67 | 2023 | View data | ||
| 14 | 14 Sri Lanka | 0.32 | 2023 | View data | ||
| 15 | 15 Mexico | 0.29 | 2023 | |||
| 16 | 16 Colombia | 0.17 | 2023 | View data | ||
| 17 | 17 Brazil | 0.16 | 2023 | View data | ||