The market size volume per capita for men's or boys' shirts of textile fabric not knitted or crocheted in Sweden showed a declining trend from 2013 to 2023, decreasing from 0.94 in 2013 to 0.7 in 2023. Notably, there was a sharp decline in 2020, likely influenced by the COVID-19 pandemic, with a small rebound in 2021. Over the last two years, the market contracted modestly with a year-on-year decrease, marking a -2.7% drop in 2022 followed by a -1.4% reduction in 2023. The five-year CAGR from 2018 to 2023 was -1.4%.
Future trends to watch for include:
- Shifts in consumer behavior post-pandemic, as remote work may continue to influence clothing choices.
- Environmental sustainability and ethical manufacturing trends possibly affecting market preferences towards more sustainable and transparent brands.
- The impact of digital retail transformation, potentially shifting consumer buying habits and impacting the market size.