As of 2023, the UK's market size value per capita for men's and boys' cotton shirts stood at $22.24. The forecast predicts a gradual decline through 2028, decreasing to $21.33 per capita. This represents year-on-year declines of approximately 1% from 2024 to 2025 and 1.05% from 2025 to 2026, with similar trends extending to 2028. The compound annual growth rate (CAGR) over the next five years is projected to be -0.84%, indicating a subtle but steady contraction in market value.
Future trends to watch for include:
- Potential impacts of sustainable fashion driving consumer preferences towards eco-friendly cotton apparel.
- Market influences such as fluctuations in raw material costs and economic conditions impacting purchasing power.
- Growing second-hand clothing and rental markets potentially affecting the demand for new cotton shirts.
