The market size for baby garments and accessories made of cotton in Sweden has shown fluctuations over the past decade, peaking at approximately 183.46 million USD in 2014 and declining steadily to 161.25 million USD in 2023. In 2023, the value stood at 161.25 million USD. The year-on-year variation for the last two years showed a decline of 0.74% in 2022 and 0.73% in 2023. Over the past five years, the average CAGR was -0.3%, indicating a slight downturn.
Future trends to watch for:
- Increasing consumer preference for sustainable and eco-friendly products, possibly impacting market dynamics.
- Technological advancements in textile manufacturing may reduce production costs.
- Potential market growth in organic cotton baby garments responding to heightened environmental awareness.
- Fluctuating birth rates and economic conditions impacting the demand for baby garments.