The Women and Girl Briefs and Panties Made of Synthetic Fibres market in Latvia has experienced a gradual decline from 2013 to 2023, decreasing from 7.2622 million USD to 6.6785 million USD. Notably, the market value showed slight fluctuations throughout the years, with the most significant decline happening in 2020 by 5.85%. As of 2023, the market size stood at 6.6785 million USD, reflecting a 0.59% decrease from the previous year.
The compound annual growth rate (CAGR) over the last five years was negative at -0.51%, indicating a consistent slowdown.
Future Trends to Watch:
- Potential impact of sustainable and eco-friendly product demand on synthetic fibre preference.
- Emerging fashion trends that may influence consumer preferences and purchasing behaviors.
- Economic factors and inflation effects on disposable income and consumption patterns.
How does Latvia rank in Women and Girl Briefs and Panties Made of Synthetic Fibres Market Size Value?
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 6,110,000,000 | 2023 | +1.95% | +2.01% | View data |
| 2 | 2 China | 2,686,100,000 | 2023 | +2.49% | +0.81% | View data |
| 3 | 3 France | 910,500,000 | 2023 | -1.25% | -1.19% | View data |
| 4 | 4 Germany | 850,740,000 | 2023 | +0.38% | -0.45% | View data |
| 5 | 5 Japan | 787,900,000 | 2023 | -3.84% | -4.67% | View data |
| 33 | 33 Slovenia | 9,455,300 | 2023 | +0.9% | +1.21% | View data |
| 34 | 34 Paraguay | 7,583,000 | 2023 | +0.27% | +0.3% | View data |
| 35 | 35 Latvia | 6,678,500 | 2023 | -0.59% | -0.51% | |
| 36 | 36 Bosnia and Herzegovina | 2,716,300 | 2023 | -2.11% | -2.39% | View data |
