From 2013 to 2023, the UK market for men's and boys' knitted or crocheted outerwear remained largely stable, with a per capita volume of 0.12 garments until 2019. A dip to 0.1 in 2020 highlights a temporary market contraction during the pandemic. By 2022, recovery efforts increased per capita consumption to 0.13, where it remained in 2023.
Year-on-year variations reveal a consistent upward trend from 2021 to 2023, with a notable 8% increase in 2022 and maintaining pace in 2023. The five-year compound annual growth rate (CAGR) indicates modest growth.
Future trends to watch for include potential increases driven by sustainability trends and advancements in textile technology. Digital retail strategies may further influence market dynamics. Monitoring climatic conditions and consumer eco-friendly preferences will be essential.
