The market size volume per capita for men's or boys' shirts of textile fabric not knitted or crocheted in Austria has experienced a fluctuating trend over the past decade. From 2013 to 2019, the values hovered around 1.08 with minor variations, showing stability, but then took a downturn with a significant decrease in 2020 to 0.78. The following years saw slight recoveries, ending at 0.87 in 2023. The value per capita in 2023 was below the decade's average, indicating a decrease in consumption levels compared to earlier years.
Key variations to note include:
- 0.92 in 2021 marked a moderate recovery from the 2020 drop.
- A slight decline in 2022 and 2023 shows a persistent but small downward trend.
- The compound annual growth rate (CAGR) over the past 5 years shows a negative trend, underlining a decline in demand for non-knitted shirts.
Future trends to watch for:
- Shifts in consumer behavior towards casual and comfort dressing, potentially affecting non-knitted shirt sales adversely.
- Sustainability and eco-friendly practices may drive product innovations and affect market preferences.
- An economic upturn or supportive trade policies could spur growth in the clothing sector and stabilize the market.