The market size value per capita for pullovers and cardigans made of cotton in Spain has shown a downward trend from 2019 to 2023, standing at $63.74 in 2023. The decline is evident with a year-on-year decrease of approximately 0.16% from 2022 to 2023, and approximately 8.8% since the peak in 2019. Computing the CAGR over the last five years, we observe a negative average annual variation, reflecting a decreasing interest or demand among consumers over this period.
Future trends to watch for include:
- Potential shifts toward sustainable and eco-friendly materials, possibly affecting cotton-based products.
- Influence of fast fashion dynamics and economic factors on consumer purchasing decisions.
- Technological advancements in textile manufacturing, which may impact pricing and market dynamics.
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 103.08 | 2023 | View data | ||
| 2 | 2 Austria | 81.39 | 2023 | View data | ||
| 3 | 3 Netherlands | 81.02 | 2023 | View data | ||
| 4 | 4 Sweden | 77.24 | 2023 | View data | ||
| 5 | 5 Italy | 76.1 | 2023 | View data | ||
| 8 | 8 Norway | 69.06 | 2023 | View data | ||
| 9 | 9 France | 64.53 | 2023 | View data | ||
| 10 | 10 Spain | 63.74 | 2023 | |||
| 11 | 11 Japan | 57.68 | 2023 | View data | ||
| 12 | 12 Canada | 56.92 | 2023 | View data | ||