The women's and girls' swimwear market in Croatia exhibited an upward trajectory from 2013 to 2018, with a peak per capita value in 2018. A downward trend occurred from 2019, intensifying with an annual decline of approximately 4.9% in 2022 and 4.9% in 2023. The compound annual growth rate (CAGR) over the last five years is negative, at around -5.0%, showing a significant regression.
Future trends to watch for:
- Potential recovery post-2023 influenced by new fashion trends and sustainable swimwear popularity.
- Impact of technological advancements in material innovation on consumer preferences and market revitalization.
- Economic factors and increased tourism might favorably influence market trends.