The market size value per capita for pantyhose made of materials except synthetic fibres in Sri Lanka showed a consistent decline from 2013, where it was $0.31, reaching $0.098 in 2023. In 2022, it was $0.11, and thus experienced a decrease of 11% year-on-year by 2023. Over the last two years, there's been a continued downward trend, with an average annual decline of approximately 2.3% from 2019 to 2023.
Future trends to watch for:
- Consumer preference shifts towards sustainable and eco-friendly materials could impact market dynamics.
- Price variations due to economic factors in Sri Lanka might influence purchasing power.
- Innovation in non-synthetic materials might revitalize interest and demand in coming years.