In 2023, the import of women's or girls' knitted or crocheted suits, dresses, and skirts to the US stood at an estimated $7.16 billion. Forecasted data for 2024-2028 projects steady growth, with values increasing from $7.335 billion in 2024 to $8.0193 billion in 2028. This indicates a consistent upward trend, with year-on-year growth rates around 2% to 3%. The compound annual growth rate (CAGR) over these five years is about 2.2%, highlighting a moderate increase in the imports of these garments.
Future trends to watch for include:
- Potential shifts in consumer preferences impacting types of garments imported.
- Economic factors affecting purchasing power and demand.
- Trade policies influencing the import market and international relationships.
- Technological advancements in manufacturing impacting the supply chain dynamics.