Between 2013 and 2023, the value per capita of the market for women and girls' cotton dresses in Indonesia showed a growth trajectory, increasing from $0.25 to $0.57. The most substantial increases occurred between 2016 and 2018, with steady progress thereafter despite a temporary dip in 2019 and 2020. By 2023, the market stood at $0.57 per capita. Over the last two years, the year-on-year growth rate was approximately 5% and the Compound Annual Growth Rate (CAGR) from 2019 to 2023 was 6.6%.
Looking ahead, trends to watch include the potential effects of rising cotton prices, shifts in consumer preferences towards sustainable fashion, and economic fluctuations impacting disposable income. Monitoring these factors will be key in forecasting future market developments.
| # | 28 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 13.17 | 2023 | View data | ||
| 2 | 2 Denmark | 12.35 | 2023 | View data | ||
| 3 | 3 Germany | 11.86 | 2023 | View data | ||
| 4 | 4 United Kingdom | 10.86 | 2023 | View data | ||
| 5 | 5 Spain | 9.91 | 2023 | View data | ||
| 21 | 21 Barbados | 0.85 | 2023 | View data | ||
| 22 | 22 South Africa | 0.66 | 2023 | View data | ||
| 23 | 23 Indonesia | 0.57 | 2023 | |||
| 24 | 24 Mexico | 0.38 | 2023 | View data | ||
| 25 | 25 Brazil | 0.26 | 2023 | View data | ||
