The market size value per capita for men's and boys' trousers and shorts made of materials (except cotton, wool, or synthetic fibers) in Laos showed a general increase from 2013 to 2023, peaking at $0.11 in several years. A brief decline was noted in 2020, dropping to $0.091, but the value rebounded to $0.11 from 2021 to 2023. From 2022 to 2023, the market value per capita remained stable with no year-on-year variation. The CAGR over the last five years indicated stability, with negligible deviation in annual values.
Future trends to watch for include potential growth driven by increased consumer preference for diverse materials, and economic factors influencing purchasing power in Laos. Additionally, market stakeholders should consider sustainability trends and how they might impact material preferences and production methods.
