The market size value per capita for women's and girls' jackets and blazers made of synthetic fibres in Canada increased from $1.74 in 2013 to $1.86 in 2023 USD. In the last two years, the year-on-year growth was 1.10% from 2021 to 2022 and 1.09% from 2022 to 2023. The compound annual growth rate over the past five years (2018-2023) is approximately 1.22%, indicating a stable upward trend.
Future trends to watch for include:
- Increasing consumer preference for sustainable, eco-friendly fabrics.
- Tendency towards versatile, multi-seasonal clothing pieces.
- Continued growth in e-commerce platforms catering to personalized fashion.