The market size volume per capita for women's or girls' outerwear in Ireland displayed a consistent upward trend from 2013 to 2023. In 2023, it reached 0.89, marking a continual growth trajectory. The year-on-year variations show significant increases, with notable growth in recent years: 8% from 2020 to 2021 and 1% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years stands at approximately 4.9%, reflecting a healthy demand for these textile products.
Future trends to watch include:
- Increased consumer focus on sustainability, driving demand for eco-friendly materials.
- Potential economic fluctuations impacting discretionary spending on apparel.
- Technological advancements in textile manufacturing, enhancing product offerings.