In India, the per capita market size value for cotton T-shirts has shown consistent growth from 2013 to 2023, with the value reaching $3.01 in 2023. Between 2021 and 2023, there was a 4.0% growth, indicating a steady increase post-2020 disruptions. The compound annual growth rate (CAGR) for the last five years stands at a notable 1.5%, reflecting moderate but stable growth in consumer spending on cotton T-shirts.
Looking ahead, the market is expected to expand further, driven by rising disposable incomes, increased fashion consciousness, and a growing young population. Key trends to watch include sustainability in production, the popularity of homegrown brands, and shifts in consumer preferences towards premium and customized offerings.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 118.82 | 2023 | View data | ||
| 2 | 2 Spain | 112.49 | 2023 | View data | ||
| 3 | 3 United Kingdom | 110.82 | 2023 | View data | ||
| 4 | 4 Australia | 99.44 | 2023 | View data | ||
| 5 | 5 Germany | 96.48 | 2023 | View data | ||
| 35 | 35 Pakistan | 3.98 | 2023 | View data | ||
| 36 | 36 Indonesia | 3.2 | 2023 | View data | ||
| 37 | 37 India | 3.01 | 2023 | |||
| 38 | 38 Jamaica | 2.89 | 2023 | View data | ||
| 39 | 39 Guyana | 2.07 | 2023 | View data | ||
