From 2013 to 2023, the market size value per capita for women and girls' underwear and nightwear knitted or crocheted in Latvia displayed a mix of fluctuations and stability. In 2023, the value stood at $10.13 per capita, showing marginal growth in recent years with a year-on-year increase of 0.3% from 2022. The five-year compound annual growth rate (CAGR) was approximately 1.9%, indicating a modest upward trend. Over the decade, there was a decrease from a high in 2013, with an interim dip and subsequent recovery towards 2023.
Looking ahead, factors such as changing consumer preferences, sustainability trends, and economic conditions may impact market dynamics. Future areas to watch include the growth of online retail channels and increased demand for eco-friendly materials. Monitoring these factors will provide insights into potential market growth or contraction.
How does Latvia rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value Per Capita?
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 45.47 | 2023 | View data | ||
| 2 | 2 Switzerland | 38.14 | 2023 | View data | ||
| 3 | 3 United Kingdom | 37.42 | 2023 | View data | ||
| 4 | 4 Netherlands | 35.71 | 2023 | View data | ||
| 5 | 5 France | 33.28 | 2023 | View data | ||
| 21 | 21 Uruguay | 13.25 | 2023 | View data | ||
| 22 | 22 Hungary | 12.86 | 2023 | View data | ||
| 23 | 23 Latvia | 10.13 | 2023 | |||
| 24 | 24 Slovakia | 7.38 | 2023 | View data | ||
| 25 | 25 Malta | 6.52 | 2023 | View data | ||
