The market size for pullovers and cardigans made of synthetic fibers in Mexico reached 885.27 million USD in 2023, marking a modest year-on-year growth of 1.44%. Throughout the last decade, the market experienced fluctuations with significant growth in 2018 and a sharp decline in 2020. Over the past five years, the compound annual growth rate (CAGR) averaged at 0.92%, indicating relatively stable market conditions. Notably, the market rebounded after the pandemic in 2021 and has seen steady growth since.
Future trends to watch for:
- The rise in demand for sustainable synthetic fibers.
- Potential impact of technological advancements in textile manufacturing.
- Changing consumer preferences towards eco-friendly and durable apparel.
- Evolving fashion trends and their influence on synthetic fiber garments.
How does Mexico rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 10 | 10 Poland | 1,385,600,000 | 2023 | +3.29% | +2.91% | View data |
| 11 | 11 Switzerland | 946,240,000 | 2023 | +1.32% | +0.95% | View data |
| 12 | 12 Mexico | 885,270,000 | 2023 | +1.44% | +0.92% | |
| 13 | 13 Chile | 870,860,000 | 2023 | +2.02% | +2.59% | View data |
| 14 | 14 Austria | 810,050,000 | 2023 | +4.77% | +0.58% | View data |
