The Women and Girls Skirts market made of synthetic fibres in Belgium reached a value of 18.681 million USD in 2023. Over the past two years, the market showed a trend of recovery with a slight increase, presenting a year-on-year growth of 3.59% in 2022 and 2.28% in 2023. However, the market has been fluctuating, exhibiting an overall CAGR of -1.79% over the last five years, indicating a small decline on average per year during this period. Key years of growth were from 2014-2018, while a slump occurred in 2020 due to external market conditions.
Future trends to watch for:
- Continued recovery post-2023, as the market stabilizes.
- Potential shifts in consumer preferences towards sustainable materials could impact synthetic fibre demand.
- Technological advancements in fabric technology could further influence market dynamics.
- Monitoring global economic conditions that could affect consumer purchasing power and demand patterns.
How does Belgium rank in Women and Girls Skirts Made of Synthetic Fibres Market Size Value?
| # | 8 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 233,760,000 | 2023 | +3.31% | +2.57% | View data |
| 2 | 2 United Kingdom | 205,120,000 | 2023 | +0.9% | +1.44% | View data |
| 3 | 3 France | 143,900,000 | 2023 | +1.07% | +1.16% | View data |
| 4 | 4 Italy | 102,170,000 | 2023 | +4.62% | +3.84% | View data |
| 5 | 5 Austria | 33,802,000 | 2023 | +2.76% | +2.78% | View data |
| 6 | 6 Belgium | 18,681,000 | 2023 | +2.28% | -1.79% | |
| 7 | 7 Hungary | 6,094,800 | 2023 | +4.2% | +5.1% | View data |
| 8 | 8 Latvia | 2,364,000 | 2023 | +4.26% | +7.81% | View data |
