Between 2013 and 2023, the Maltese market for women's and girls' underwear and nightwear knitted or crocheted showed growth, with a market size of $6.52 per capita in 2023. Significant growth occurred between 2013 and 2018, peaking in 2016. There was a decline in 2019 and 2020, likely due to economic factors and reduced consumption during the pandemic, but a recovery is visible by 2021.
The year-on-year growth from 2022 to 2023 was marginal at 0.31%. Over the past five years, the compound annual growth rate (CAGR) was around 1.26%, indicating a stable but modest upward trend.
Future trends to watch for include sustainability-driven demand and innovations in comfort and design, potentially stimulating further market growth in Malta. Observing economic conditions and consumer confidence will also be crucial in predicting future consumption patterns in this category.
| # | 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 | ||
| 23 | 23 Latvia | 10.13 | 2023 | View data | ||
| 24 | 24 Slovakia | 7.38 | 2023 | View data | ||
| 25 | 25 Malta | 6.52 | 2023 | |||
| 26 | 26 Montenegro | 6.03 | 2023 | View data | ||
| 27 | 27 South Africa | 4.9 | 2023 | View data | ||
