The market for pullovers and cardigans made of cotton in Romania has experienced substantial growth from 2013 to 2023, reaching a size of $284.46 million. The market saw significant growth, especially between 2016-2020, with the highest single-year increase of 35.17% in 2016. Over the last two years (2021-2023), growth rates have stabilized with a more modest yearly increase around 4%. The five-year CAGR leading up to 2023 averaged 6.79%, indicating a strong upward trend.
Future trends to watch include potential impacts from sustainable fashion movements and changing consumer preferences towards eco-friendly materials, which may influence demand for cotton-based apparel. Additionally, economic fluctuations and purchasing power in Romania could affect market dynamics.
How does Romania rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 17 | 17 Norway | 372,780,000 | 2023 | -2.7% | -1.27% | View data |
| 18 | 18 Czech Republic | 294,200,000 | 2023 | +2.46% | +2.51% | View data |
| 19 | 19 Romania | 284,460,000 | 2023 | +4.01% | +6.79% | |
| 20 | 20 Peru | 270,970,000 | 2023 | +2.17% | +3.06% | View data |
| 21 | 21 Israel | 200,990,000 | 2023 | -0.25% | -0.43% | View data |
