Between 2013 and 2023, the men's or boy's knitted or crocheted garments market in Sweden experienced significant fluctuation. The market size reflected a substantial growth from 33.681 million euros in 2013 to a peak of 56.958 million euros in 2017, before undergoing a consistent decline to 39.306 million euros by 2023. The year-on-year growth showed positive variations through 2015, followed by a trend of decline in subsequent years, with the last two years marking decreases of 4.41% in 2022 and 4.24% in 2023. The compound annual growth rate shows an average annual decline of 7.03% over the past five years.
Looking forward, potential future trends could be influenced by shifts in consumer preferences towards sustainable fashion, digital retail expansion, and economic factors impacting discretionary spending. There's an opportunity for growth in eco-friendly and technologically advanced textile offerings, as well as in exploring diverse online retail spaces.
How does Sweden rank in Men's or Boy's Suits, Ensembles, Jackets, Blazers, Trousers, Bib and Brace Overalls, Breeches and Shorts of Knitted or Crocheted Textiles Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 524,140,000 | 2023 | +2.65% | +4.75% | View data |
| 2 | 2 Germany | 331,440,000 | 2023 | +3.41% | +2.56% | View data |
| 3 | 3 France | 323,250,000 | 2023 | +4.88% | +3.95% | View data |
| 4 | 4 Italy | 308,130,000 | 2023 | -0.16% | +0.58% | View data |
| 5 | 5 Spain | 159,200,000 | 2023 | +4.43% | -0.2% | View data |
| 6 | 6 Austria | 84,966,000 | 2023 | +3.82% | +3.5% | View data |
| 7 | 7 Greece | 45,566,000 | 2023 | +3.08% | +2.21% | View data |
| 8 | 8 Sweden | 33,494,000 | 2023 | -4.24% | -7.03% | |
| 9 | 9 Finland | 30,253,000 | 2023 | +2.62% | +2.6% | View data |
| 10 | 10 Denmark | 18,766,000 | 2023 | -2.88% | +0.32% | View data |