The market size for men's and boys' cotton shirts in Belgium saw a gradual decline from 2013 to 2023, standing at 189.38 million USD in 2023. This represents a consistent downward trend with notable year-on-year variations, including downturns in 2015, 2016, and 2017. Recent years from 2021 to 2023 have also shown a slight negative year-on-year variation of about -0.26%. The five-year CAGR up to 2023 reveals an average annual decrease of about -0.37%, indicating shrinking market potential.
Future trends to watch include the impact of sustainable fashion movements, which may boost demand for eco-friendly cotton products. Additionally, innovations in textile technology and online retail proliferation could influence market dynamics positively.
