The UK market for men's or boys' jerseys, pullovers, sweatshirts, waistcoats, and cardigans of man-made fibres is projected to grow modestly from 2024 onwards. In 2023, this market stood at a per capita volume which is not specified here but is the most recent final data point before the forecast period. From 2024 to 2028, an incremental year-on-year increase is expected, with the market rising from 0.6 in 2024 to 0.63 per capita in 2028. The compound annual growth rate (CAGR) over this period indicates a stable market.
Future trends to watch for include:
- The impact of sustainable and recycled materials on consumer preferences in man-made fibre apparel.
- Potential changes in fashion trends influencing demand for specific garment styles.
- Economic factors, such as inflation and disposable income changes affecting consumer spending.
- Technological advancements in fabric production that might affect the pricing and competitiveness of man-made fibres.