In Jamaica, the market size for pullovers and cardigans made of materials other than cotton, wool, or synthetic fibers stood at 0.81758 million USD in 2023. Over the past decade, the market exhibited fluctuations, peaking at 1.0505 million USD in 2013 and decreasing since then. The last five years recorded a CAGR of -2.39%, indicating a gradual contraction in the market. Year-on-year variations were noticeable, with significant dips in 2016 and 2020, and modest recoveries in 2017 and 2021.
Future trends to watch for include the growing demand for sustainable and eco-friendly materials, which could stabilize or potentially increase market size. Monitoring consumer preferences for innovative non-traditional fibers will be crucial to forecasting future changes.
