The market size for baby garments and accessories made of cotton in Sweden showed moderate growth from 2012 to 2014, with values rising from $175.2 million to $183.46 million. However, there was a significant decline in 2015, followed by continuous fluctuation until 2022. The notable drop in 2015 set a downward trend that generally persisted with brief recovery periods around 2017 and 2019. The overall five-year CAGR leading up to 2022 stands at -1.21%, indicating an average annual decline.
For the years 2022 and 2023, the market witnessed further slight declines and minimal growth, with a year-on-year decrease of -0.36% in 2022. The market value in 2023 is projected to continue this pattern.
Future trends to watch for:
- Increased demand for sustainable and organic cotton products
- Impact of economic recovery post-pandemic on consumer spending
- Market expansion through e-commerce and international brands entering the Swedish market
How does Sweden rank in Baby Garments and Accessories Made of Cotton Market Size Value?
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 11,025,000,000 | 2023 | +0.32% | +0.2% | View data |
| 2 | 2 China | 4,664,700,000 | 2023 | +1.32% | -0.15% | View data |
| 3 | 3 United Kingdom | 1,798,500,000 | 2023 | -1.14% | -0.92% | View data |
| 4 | 4 France | 1,728,300,000 | 2023 | -0.57% | -1.1% | View data |
| 5 | 5 India | 1,716,800,000 | 2023 | +8.84% | +6.61% | View data |
| 14 | 14 Austria | 242,440,000 | 2023 | +3.97% | +2.81% | View data |
| 15 | 15 Mexico | 193,820,000 | 2023 | +1.87% | +3.73% | View data |
| 16 | 16 Sweden | 161,250,000 | 2023 | -0.73% | -0.3% | |
| 17 | 17 Switzerland | 152,640,000 | 2023 | +1.6% | +1.12% | View data |
| 18 | 18 Portugal | 144,820,000 | 2023 | -1.8% | -3.37% | View data |