From 2013 to 2023, the per capita value of the market for men's and boys' trousers and shorts made of cotton in Colombia steadily increased from $0.19 to $0.42. Over the last two years, the year-on-year growth rates were 7.69% between 2021 and 2022, and 2.44% from 2022 to 2023. Analyzing the five-year period from 2018 to 2023, the compound annual growth rate (CAGR) was approximately 3.75%.
Future trends to watch for include potential impacts of economic conditions on consumer spending, shifts towards more sustainable fashion, and the growth of online retail channels driving product accessibility and demand.
