The analysis of the Women and Girls Overcoats Made of Cotton market in Brazil reveals a consistent decline in value per capita from 2013 to 2023, dropping from $0.46 to $0.16. This marks a 65% decrease over the decade, indicating a bearish market trend. The past two years alone have seen a roughly 11% decrease annually, while the compound annual growth rate (CAGR) from 2018 to 2023 is approximately -9.7%. In 2023, the value stands at the lowest of $0.16 per capita.
Future trends to monitor include:
- Economic factors influencing disposable income in Brazil, as they can affect consumer spending on non-essential apparel like cotton overcoats.
- Shifts in fashion trends towards alternative materials which could either continue or reverse the decline.
- Potential impact of sustainability movements fostering increased interest in cotton as a natural fiber, which could attract consumer interest back.
- Effects of climate change and regional weather patterns on demand for overcoats.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 5.66 | 2023 | View data | ||
| 2 | 2 Spain | 4.62 | 2023 | View data | ||
| 3 | 3 Netherlands | 4.16 | 2023 | View data | ||
| 4 | 4 Finland | 3.35 | 2023 | View data | ||
| 5 | 5 France | 3.13 | 2023 | View data | ||
| 11 | 11 New Zealand | 0.78 | 2023 | View data | ||
| 12 | 12 Chile | 0.67 | 2023 | View data | ||
| 13 | 13 Brazil | 0.16 | 2023 | |||
| 14 | 14 Mexico | 0.14 | 2023 | View data | ||