In Montenegro, the market size for women's and girls' underwear and nightwear, specifically knitted or crocheted, grew to a value of 4.0213 million US dollars by 2023. Analyzing year-on-year trends, the market exhibited growth from 2013 to 2023, with notable fluctuations, such as a dip in 2019 and 2020, but rebounded significantly in 2021. The Compound Annual Growth Rate (CAGR) over the last five years is 2.11%, indicating moderate expansion.
Future trends to watch include:
- Increasing focus on sustainable and eco-friendly materials.
- Growth in demand driven by changing fashion trends and consumer preferences.
- Potential impact of economic conditions on consumer spending power.
| # | 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 |
| 33 | 33 Iceland | 11,561,000 | 2023 | +5.63% | +8.11% | View data |
| 34 | 34 Bolivia | 6,715,200 | 2023 | +1.32% | +0.83% | View data |
| 35 | 35 Montenegro | 4,021,300 | 2023 | +3.53% | +2.11% | |
| 36 | 36 Malta | 3,391,200 | 2023 | +1.32% | -0.28% | View data |
| 37 | 37 Madagascar | 3,082,600 | 2023 | +1.25% | +0.64% | View data |
