The market size volume for women's and girls' textiles such as singlets, vests, slips, and similar articles in Spain has seen a consistent decline from 2013 to 2023. In 2023, the market volume stood at 4.179 million. Over the past decade, there was a marked decrease, with some minor recoveries in 2019 and 2020. The last two years, 2021 and 2022, showed negative year-on-year changes with a -4.62% drop in 2023. The Compound Annual Growth Rate over the last five years was -1.61%, reflecting consistent market contraction.
Future trends to watch for:
- Sustainability: Increasing demand for eco-friendly and sustainable materials might influence market dynamics.
- Digital Shopping: E-commerce growth may drive a shift in purchasing patterns, affecting sales volumes.
- Fashion Innovation: Social and cultural trends might impact consumer preferences and product offerings in non-knitted textile categories.
