The market size value per capita for women and girl blouses and shirts made of cotton in Indonesia experienced a gradual decline from 2013 to 2023, standing at $0.62 in 2023. The year-on-year variation from 2022 to 2023 remained stable at 0%, and the compound annual growth rate (CAGR) from 2018 to 2023 shows an average decline of around 1.6% per year.
Future trends to watch for:
- Emerging fashion trends influencing consumer preferences.
- Potential increase in local production and competitive pricing strategies.
- Shifts towards sustainable and eco-friendly products as consumers become more environmentally conscious.
- Impact of e-commerce platforms in reaching a broader consumer base.