In 2023, the market size volume for women's or girls' trousers and breeches of denim in Belgium stood at approximately 9.21 million. Analyzing trends, from 2019 to 2022, the market experienced fluctuations, notably a decline in 2020, likely due to global disruptions, followed by a rebound with a significant 16.56% increase in 2022. The five-year compound annual growth rate (CAGR) leading up to 2023 was a modest 1.1%.
Future trends to watch include:
- Consumer shifts towards sustainable and ethically produced denim.
- Increasing demand for customization and fit technology in denim products.
- Potential impacts of economic fluctuations on consumer spending.