The market size for pullovers and cardigans made of cotton in Switzerland displayed a fluctuating trend from 2012 to 2022. Notably, the market value peaked in 2012 at $942.46 million and reached its lowest point in 2016 at $755.74 million. A recovery was observed from 2017 onwards, with the market value rising to $962.46 million in 2018. However, in recent years, the market has shown slight declines, demonstrating a pattern of stability rather than significant growth.
Over the last two years, the year-on-year variations were minimal, with a mere -0.16% in 2020, -0.15% in 2021, and -0.15% in 2022. The compound annual growth rate (CAGR) over the last five years was notably better, averaging 1.38%, thanks to the strong recovery seen from 2017 to 2018.
For the future, trends to watch include consumer preferences shifting towards sustainable and eco-friendly clothing options, technological advancements in textile manufacturing, and the impact of global economic factors on luxury and comfort wear.
How does Switzerland rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 10 | 10 Netherlands | 1,408,600,000 | 2023 | -0.41% | -0.13% | View data |
| 11 | 11 Indonesia | 1,141,400,000 | 2023 | +2.07% | -0.4% | View data |
| 12 | 12 Switzerland | 908,360,000 | 2023 | -0.15% | -1.15% | |
| 13 | 13 Sweden | 795,620,000 | 2023 | +0.57% | +0.6% | View data |
| 14 | 14 Austria | 730,970,000 | 2023 | +1.05% | +0.47% | View data |
