The market size for pullovers and cardigans made of materials other than cotton, wool, or synthetic fibers in the US was at 1.8 billion USD in 2023. Forecasted values show a gradual decline from 1.769 billion USD in 2024 to 1.6257 billion USD in 2028. The year-on-year shrinkage reflects an average decline rate of approximately 2% annually. The compound annual growth rate (CAGR) over the five-year forecast period indicates a trend towards decreasing market size.
Future trends to watch for include:
- Increased consumer preference for sustainable and eco-friendly materials.
- Potential impact of economic fluctuations on discretionary spending.
- Evolving fashion trends and consumer preferences influencing material choices.
