The market size for Women's or Girls' Jerseys, Pullovers, Sweatshirts, Waistcoats, and Cardigans made from man-made fibres in Ireland experienced fluctuating growth over the past decade, reaching a volume of 11.552 million in 2023. The market witnessed a downturn during 2020 but showed modest recovery in the following years, with a 5% year-on-year growth in 2023. The compound annual growth rate over the last five years was -0.75%, indicating volatility in demand.
Future trends to monitor include:
- The impact of sustainable and eco-friendly materials on market volumes.
- Economic factors influencing consumer purchasing power and fashion preferences.
- Innovations in textile technology and its adoption in apparel.
- The shift towards online retail and its effect on market dynamics.