The market size volume per capita for men's or boys' shirts of textile fabric not knitted or crocheted in Finland has seen a declining trend from 2013 to 2023. In 2023, the value stood at 0.4. Over the past decade, the volume per capita has decreased significantly from 0.63 in 2013, showing a steady decline until 2020 where it plummeted to 0.36. A slight recovery was observed from 2021 to 2023, yet it remained below pre-2020 levels. The year-on-year decline has been particularly sharp in the years preceding 2021. The last 2 years showed a modest recovery with a decline of 2.4% in 2023 from 2022. The 5-year CAGR remains negative, reflecting an overall reduction in consumption per capita.
Future trends might include a further recovery in volume per capita as consumer behavior stabilizes post-pandemic. Factors such as fashion trends, economic conditions, and sustainability preferences might influence market dynamics. Watch for shifts towards online retailing and potential growth in eco-friendly textile options, impacting consumer purchasing patterns in the sector.
