The market size value per capita for women and girls' underwear and nightwear knitted or crocheted in Belgium has seen a consistent decline from $29.8 in 2013 to $16.93 in 2023. The value shrank by 61.2% over this decade, illustrating a downward trend. Notably, between 2021 and 2023, there was a year-on-year decrease of about 4.91% and 3.92%, respectively. The compound annual growth rate (CAGR) over the past five years (2018-2023) was approximately -4.54%, indicating a gradual market contraction over this period.
Looking into future trends, potential influencers may include shifting consumer preferences towards sustainable materials, the impact of e-commerce growth, and changes in fashion cycles promoting versatility and minimalism. Close attention should be given to how these factors unfold.
How does Belgium rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value Per Capita?
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 45.47 | 2023 | View data | ||
| 2 | 2 Switzerland | 38.14 | 2023 | View data | ||
| 3 | 3 United Kingdom | 37.42 | 2023 | View data | ||
| 4 | 4 Netherlands | 35.71 | 2023 | View data | ||
| 5 | 5 France | 33.28 | 2023 | View data | ||
| 18 | 18 Finland | 19.33 | 2023 | View data | ||
| 19 | 19 Portugal | 17.9 | 2023 | View data | ||
| 20 | 20 Belgium | 16.93 | 2023 | |||
| 21 | 21 Uruguay | 13.25 | 2023 | View data | ||
| 22 | 22 Hungary | 12.86 | 2023 | View data | ||
