The market for men's and boys' trousers and shorts made of synthetic fibers in Mexico showed steady growth from 2013 to 2019, with a value reaching $109.64 million in 2019. Despite a downturn in 2020, the market rebounded strongly in 2021 with a significant year-on-year increase of 23.75%, reaching a market size of $115.82 million. By 2023, the market size was valued at $121.74 million, reflecting a modest 2.47% increase from the previous year. The compound annual growth rate (CAGR) over the last five years stood at 2.58%.
Future trends to watch for include:
- Increasing consumer preference for sustainability and eco-friendly products.
- Technological advancements in synthetic fiber manufacturing.
- A growing interest in athleisure and comfortable fashion.
- Potential impact of economic factors and trade policies on import and pricing.