The T-shirts made of cotton market in Malta experienced a steady decline in value per capita from 2013 to 2023, finishing at $22.17 in 2023. Over the past two years, the market saw a yearly contraction rate of approximately 1.89% from 2022 to 2023, and a 2.96% decrease from 2021 to 2022. Considering the last five-year CAGR, the average annual decline was around 2.53%, reflecting a consistent downtrend in the market value.
Future trends to watch for include potential resurgence driven by eco-friendly and sustainable fashion appeals, alongside shifts in consumer preferences towards more casual and comfortable clothing. Monitoring emerging innovative textile technologies and any shifts in global cotton markets could further influence Malta's T-shirt industry.
