From 2013 to 2023, Costa Rica's market size value per capita for shawls, scarves, and veils decreased slightly from $0.28 to $0.22, revealing a gradual decline. The most significant drop was from 2013 to 2014, a 17.86% decrease. Over the last two years, the value remained stable at $0.22 per capita. The five-year compound annual growth rate (CAGR) is -1.25%, indicating a slight annual decrease. In 2023, the market values stood at $0.22 per capita.
Future trends to watch include potential influences from cultural shifts, evolving fashion trends, and increasing eco-conscious consumer preferences, which may affect product design and material sourcing.
