In 2023, the market size for women's or girls' jerseys, pullovers, sweatshirts, waistcoats, and cardigans of man-made fibers in Germany stood at approximately 1.14 billion euros. Forecasts for the period from 2024 to 2028 show a steady annual growth with the market size increasing from 1.1485 billion euros in 2024 to 1.182 billion euros in 2028. This represents an average year-on-year growth rate of about 0.75% over the forecast period. The compounded annual growth rate (CAGR) from 2023 to 2028 is slightly above 0.8%, indicating a stable market situation.
Future trends to watch for include:
- Innovation in sustainable man-made fibers to align with growing consumer demand for eco-friendly products.
- An increase in online retail channels, offering greater accessibility and variety to consumers.
- The impact of demographic shifts, including an aging population, affecting consumer preferences and purchasing power.
