The Bolivian market for women and girls' knitted or crocheted underwear and nightwear in value terms rose to $6.715 million in 2023. After a dip in 2020 due to external factors, the market bounced back, evidencing a positive trend. Notably, the year-on-year growth for 2022 and 2023 was subdued, indicating just over 1% increase each year. However, the five-year CAGR from 2019 to 2023 suggests modest yet stable growth at 0.83% annually.
Future trends to watch include the anticipated rise in demand driven by increased urbanization and economic growth. Additionally, eco-friendly and sustainable materials may gain traction, and digital retail channels could enhance market accessibility and choice for consumers.
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 32 | 32 Honduras | 11,884,000 | 2023 | +2.43% | +2.79% | View data |
| 33 | 33 Iceland | 11,561,000 | 2023 | +5.63% | +8.11% | View data |
| 34 | 34 Bolivia | 6,715,200 | 2023 | +1.32% | +0.83% | |
| 35 | 35 Montenegro | 4,021,300 | 2023 | +3.53% | +2.11% | View data |
| 36 | 36 Malta | 3,391,200 | 2023 | +1.32% | -0.28% | View data |
