The market size value per capita for women's or girls' jerseys, pullovers, sweatshirts, waistcoats, and cardigans of cotton in Hungary has shown notable growth over the past decade, reaching 3.39 Euros in 2023. From 2013 to 2023, the market saw a significant increase, with a peak in 2019 before a slight dip in 2020, likely due to the pandemic. The years 2022 and 2023 recovered with increases of 3.8% and 3.5%, respectively, demonstrating robustness. The compound annual growth rate (CAGR) over the last five years was moderate, highlighting a stable upward trend.
Future trends to watch for include the increasing demand for sustainable and eco-friendly materials which could influence consumer preferences and drive market growth. Additionally, fashion innovations and improved distribution channels in the digital space are expected to further bolster market expansion.
Key Highlights:
- Significant upward growth from 2013 to 2023, with minor fluctuations.
- Recovery from a pandemic-induced dip in 2020 has strengthened the market's outlook.
- Potential growth driven by sustainability trends and digital retail opportunities.
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 13.77 | 2023 | View data | ||
| 2 | 2 Sweden | 10.03 | 2023 | View data | ||
| 3 | 3 Germany | 9.48 | 2023 | View data | ||
| 4 | 4 Ireland | 9.36 | 2023 | View data | ||
| 5 | 5 Slovenia | 8.63 | 2023 | View data | ||
| 9 | 9 Estonia | 5.56 | 2023 | View data | ||
| 10 | 10 Greece | 3.6 | 2023 | View data | ||
| 11 | 11 Hungary | 3.39 | 2023 | |||
| 12 | 12 Spain | 2.64 | 2023 | View data | ||
