The market size value per capita for women's and girls' cotton dresses in Colombia decreased steadily from 2013, standing at $0.24 in 2023. This represents a decline from $0.39 in 2013, with notable reductions in value per capita particularly every year since 2015, marking a continuous decline.
From 2021 to 2023, the market has seen minimal reduction, with a year-on-year decrease of about -3.85% and -4% for the years 2022 and 2023, respectively. Over the last five years, the compound annual growth rate (CAGR) reflected a declining trend of approximately -1.24% per year.
Future trends to watch for include increased consumer preference for sustainable and eco-friendly cotton apparel, potential economic recovery post-pandemic, and rising online shopping, which could alter this downward trend in the long term.
| # | 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 | ||
| 25 | 25 Brazil | 0.26 | 2023 | View data | ||
| 26 | 26 El Salvador | 0.24 | 2023 | View data | ||
| 27 | 27 Colombia | 0.24 | 2023 | |||
| 28 | 28 India | 0.21 | 2023 | View data | ||
