The market for Men's or Boys' trousers and related garments in Sweden has shown fluctuations over the past decade. In 2023, the market size volume per capita stood at 1.62 units. Notably, the period saw a decline after 2018, with a consistent decrease from 2019 onwards. The past two years alone witnessed a growth rate drop of around 1.8% annually. Over the last five years, the CAGR was negative, indicating a shrinking market. This contraction phase suggests a steady decline in consumer demand or shifts towards alternative products, potentially impacting local manufacturers and retailers.
Future trends to watch include:
- Potential market stabilization or recovery as consumer habits adjust post-pandemic.
- The influence of sustainable and ethical fashion trends affecting product preference.
- Technological advancements in textile production promoting new purchasing trends.
- The impact of global economic conditions on consumer spending in Sweden.