Over the past decade, the market for T-shirts made of materials other than cotton in Ireland has displayed steady growth. The market size reached 167.64 million USD in 2023, reflecting a positive trajectory from 117.45 million USD in 2013.
The year-on-year growth rate was generally positive, with notable increases like 10.54% in 2014. However, fluctuations occurred, such as decreases in 2015 and 2017. Over the last five years, the Compound Annual Growth Rate stabilized around 2.58% by 2023, indicating consistent, albeit slower, growth.
Future trends to watch include:
- Innovation in sustainable materials as consumers increasingly favor eco-friendly options.
- Potential market expansion due to rising awareness and preference for non-cotton alternatives driven by fashion and performance features.
- Impact of economic factors and potential disruptions to supply chains on pricing and market dynamics.
| # | 29 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 14,760,000,000 | 2023 | +2.24% | +2.85% | View data |
| 2 | 2 Japan | 5,736,600,000 | 2023 | -0.8% | -1.3% | View data |
| 3 | 3 Germany | 5,315,500,000 | 2023 | +1.36% | +1.72% | View data |
| 4 | 4 France | 3,742,100,000 | 2023 | +1.33% | +1.52% | View data |
| 5 | 5 United Kingdom | 3,668,300,000 | 2023 | +0.86% | +1.29% | View data |
| 18 | 18 Singapore | 178,200,000 | 2023 | +3.31% | +3.65% | View data |
| 19 | 19 Finland | 169,950,000 | 2023 | +0.15% | +0.19% | View data |
| 20 | 20 Ireland | 167,640,000 | 2023 | +2.41% | +2.58% | |
| 21 | 21 Hungary | 121,680,000 | 2023 | +4.02% | +4.1% | View data |
| 22 | 22 Slovakia | 112,270,000 | 2023 | +2.39% | +3.63% | View data |
