In Australia, the Women and Girls Underwear and Nightwear Knitted or Crocheted Market reached a value of 1.218 billion USD in 2023. The market showed fluctuation over the past decade with a notable dip between 2020 and 2021 due to a 4.61% decline, followed by a resurgence with a 9.22% increase in 2021. The last five years (2019-2023) exhibited a modest Compound Annual Growth Rate (CAGR) of 0.97%, indicating a stable but slow upward trend.
Future trends to watch:
- Innovation in sustainable materials, as eco-conscious consumers drive demand for environmentally friendly products.
- Growing e-commerce channels impacting retail strategies as consumers shift towards online purchases.
- Influence of fashion trends and comfort as primary factors in purchase decisions, potentially stimulating growth.
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 6 | 6 Canada | 1,243,700,000 | 2023 | +1.16% | +1% | View data |
| 7 | 7 Australia | 1,218,000,000 | 2023 | +1.95% | +0.97% | |
| 8 | 8 Spain | 1,103,100,000 | 2023 | -0.088% | -0.14% | View data |
| 9 | 9 Poland | 765,560,000 | 2023 | +8.96% | +10.22% | View data |
