Over the decade leading up to 2023, the market for pullovers and cardigans made from materials other than cotton, wool, or synthetics in China has experienced a fluctuating trend, with an overall small decline from 760.92 million USD to 696.59 million USD. From a peak in 2014, the market faced consecutive declines and minor recoveries, with a year-on-year variation that reflects ups and downs, most notably a 7.58% decrease in 2016 and a 5.14% recovery in 2021. The compound annual growth rate (CAGR) over the past five years shows negligible growth at -0.12%.
Moving forward into 2024 and beyond, potential trends to watch include shifts in consumer preferences towards sustainable materials, technological innovations leading to new fabric developments, and evolving fashion trends that could trigger either an upward or further stagnant trajectory of this niche market segment.
