The market for Baby Garments and Accessories Made of Synthetic Fibres in Mexico has exhibited fluctuation over the past decade. In 2023, the market value stood at 38.429 million USD, reflecting a slight year-on-year decline of 0.82% from 2022. Over the past five years, the compound annual growth rate (CAGR) was -0.94%, indicating a gradual contraction. Key trends include a significant dip in 2020 followed by a sharp recovery in 2021, and then moderate fluctuations thereafter.
Future trends to watch for:
- Continued recovery and stabilization from recent market downturns.
- Potential increases in demand driven by innovations in synthetic fiber technologies.
- Impact of global economic factors and supply chain disruptions.
How does Mexico rank in Baby Garments and Accessories Made of Synthetic Fibres Market Size Value?
| # | 21 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 316,600,000 | 2023 | -0.17% | -0.067% | View data |
| 2 | 2 France | 229,420,000 | 2023 | +2.64% | +2.04% | View data |
| 3 | 3 United Kingdom | 205,590,000 | 2023 | -0.49% | +1.31% | View data |
| 4 | 4 Spain | 190,420,000 | 2023 | +2.02% | +1.62% | View data |
| 5 | 5 Germany | 149,880,000 | 2023 | +4.81% | -0.58% | View data |
| 6 | 6 Italy | 100,680,000 | 2023 | +1.78% | +2.32% | View data |
| 7 | 7 Canada | 94,555,000 | 2023 | +0.72% | +1.26% | View data |
| 8 | 8 Mexico | 38,429,000 | 2023 | -0.82% | -0.94% | |
| 9 | 9 Brazil | 38,064,000 | 2023 | +2.15% | +0.59% | View data |
| 10 | 10 Switzerland | 16,675,000 | 2023 | +3.72% | +3.82% | View data |
