The per capita market value of men's or boys' cotton jerseys, pullovers, sweatshirts, waistcoats, and cardigans in the UK is forecasted to show a steady upward trend from 2024 to 2028. Starting at 9.12 Euros per capita in 2024, this value increases year-on-year by approximately 1.21% in 2025, 1.30% in 2026, 1.18% in 2027, and continues with a steady growth reaching 9.57 Euros by 2028. Previously, the market stood at 9.00 Euros per capita in 2023. From 2024 to 2028, the compound annual growth rate (CAGR) is estimated at 1.25%.
Future trends to watch for:
- Increased consumer preference for sustainable and eco-friendly apparel, potentially influencing cotton use.
- Technological advancements impacting fabric quality and production efficiency.
- Potential economic fluctuations or policy changes impacting consumer spending power.