The market size value per capita for pullovers and cardigans made of synthetic fibres in South Africa has shown fluctuations over the years, reaching $4.61 in 2023. From 2013 to 2015, there was a decline. 2016 to 2019 saw a gradual recovery, peaking at $4.48 before a dip in 2020 to $3.71. This was followed by a recovery towards 2023. The year-on-year variations reflect resilience, with a notable 1.32% increase from 2022 to 2023. The 5-year CAGR is approximately 2.07%, indicating moderate growth.
Future trends to watch for:
- Increasing consumer preference for sustainable and eco-friendly apparel that could impact synthetic fibre demand.
- Technological advancements in synthetic fiber manufacturing may boost market attractiveness.
- Economic factors such as inflation and purchasing power will continue to influence demand.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 109.81 | 2023 | View data | ||
| 2 | 2 Spain | 108.46 | 2023 | View data | ||
| 3 | 3 Japan | 100.9 | 2023 | View data | ||
| 4 | 4 Austria | 92.1 | 2023 | View data | ||
| 5 | 5 Netherlands | 79.87 | 2023 | View data | ||
| 29 | 29 Montenegro | 12.08 | 2023 | View data | ||
| 30 | 30 Mexico | 6.82 | 2023 | View data | ||
| 31 | 31 South Africa | 4.61 | 2023 | |||
| 32 | 32 Colombia | 2.49 | 2023 | View data | ||
| 33 | 33 Morocco | 2.48 | 2023 | View data | ||
