The market for women's and girls' overcoats made of synthetic fibers in Belgium has shown varied trends from 2013 to 2023. The market value increased from $19.675 million in 2013 to $33.971 million in 2023. Growth was particularly strong between 2013 and 2017, while 2020 experienced a notable decline of 15.05% due to the pandemic's impact. Recovery began in 2021, with the value reaching its highest point in 2023. The most recent CAGR from 2018 to 2023 indicates consistent growth at 2.54% annually.
Future trends to watch:
- Increasing demand for sustainable and eco-friendly synthetic fibers.
- Technological innovations in fabric production enhancing product offerings.
- Fragmented growth due to economic uncertainties and changing consumer preferences.
How does Belgium rank in Women and Girls Overcoats Made of Synthetic Fibres Market Size Value?
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,524,800,000 | 2023 | +0.91% | +0.85% | View data |
| 2 | 2 China | 1,348,600,000 | 2023 | +4.91% | +1.44% | View data |
| 3 | 3 Germany | 1,204,300,000 | 2023 | +3.29% | +2.24% | View data |
| 4 | 4 France | 681,810,000 | 2023 | +6.98% | +2.07% | View data |
| 5 | 5 Japan | 656,790,000 | 2023 | -0.96% | -0.85% | View data |
| 17 | 17 Ireland | 42,705,000 | 2023 | +4.77% | +5.63% | View data |
| 18 | 18 Indonesia | 34,451,000 | 2023 | +2.68% | +3.43% | View data |
| 19 | 19 Belgium | 33,971,000 | 2023 | +2.07% | +2.54% | |
| 20 | 20 Austria | 33,802,000 | 2023 | +2.76% | +2.78% | View data |
| 21 | 21 Croatia | 19,696,000 | 2023 | +4.02% | +4.65% | View data |
