The market for pullovers and cardigans made of synthetic fibers in Israel has shown an overall positive growth trajectory, reaching a market size of 519.62 million USD in 2023. This reflects a modest year-on-year increase of 3.09% from 2022 to 2023. Despite fluctuations, including a significant drop in 2020, the market has experienced an average compound annual growth rate (CAGR) of 3.87% over the last five years. The high growth periods between 2013 and 2017 have set a robust foundation for the market.
Future trends to watch for include innovations in sustainable synthetic materials, changes in consumer preferences towards eco-friendly products, and potential impacts from regulatory developments aimed at reducing carbon footprints in textile manufacturing. Additionally, digitization of retail channels may further influence market dynamics.
How does Israel rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 15 | 15 Indonesia | 718,980,000 | 2023 | +3.16% | +3.65% | View data |
| 16 | 16 Sweden | 587,090,000 | 2023 | +0.8% | +0.71% | View data |
| 17 | 17 Israel | 519,620,000 | 2023 | +3.09% | +3.87% | |
| 18 | 18 Belgium | 445,560,000 | 2023 | -1.53% | -0.92% | View data |
| 19 | 19 Norway | 405,680,000 | 2023 | +0.001% | -0.14% | View data |
