The market for baby garments and accessories made of cotton in Italy has seen fluctuating trends over the past decade. In 2012, the market value stood at 1.1632 billion USD but generally followed a downward trajectory until 2020, which marked a significant decline of -17.98% year-on-year. Slight recovery was noted in 2021 with an 18.01% increase, but the market value declined again by -2.05% in 2022. The compound annual growth rate (CAGR) over the last 5 years stands at -2.57%, reflecting a consistent suppression in market value.
Future trends to watch include shifts in consumer preferences towards sustainable and organic cotton products, the influence of e-commerce growth, and potential economic stabilization post-COVID, which could positively impact market recovery and expansion.
How does Italy 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 |
| 6 | 6 Germany | 1,494,200,000 | 2023 | +2.09% | +0.65% | View data |
| 7 | 7 Spain | 1,342,900,000 | 2023 | -0.049% | +1.61% | View data |
| 8 | 8 Italy | 906,830,000 | 2023 | -2.05% | -2.24% | |
| 9 | 9 Japan | 746,900,000 | 2023 | -4.56% | -3.64% | View data |
| 10 | 10 Australia | 682,590,000 | 2023 | +1.88% | +2.8% | View data |
