Between 2013 and 2023, the Women and Girl Briefs and Panties Made of Cotton market in Japan exhibited a clear downward trend in per capita value, dropping from $10.37 in 2013 to $5.33 in 2023. This represents a cumulative decline as consumer preferences and market dynamics shifted. The year-on-year percentage decreases over the last two years were notable at 7.1% from 2021 to 2022, and 7.3% from 2022 to 2023, illustrating a continued decline. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) was approximately -5.9%, reflecting a persistent negative trend.
Future trends to watch include potential increases in demand for sustainable and organic cotton products, as eco-consciousness rises. Additionally, innovation in fabric technology and increased online sales channels may impact market dynamics, possibly stabilizing or reversing the current downward trend.
| # | 30 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 11.64 | 2023 | View data | ||
| 2 | 2 Switzerland | 10.27 | 2023 | View data | ||
| 3 | 3 Netherlands | 9.78 | 2023 | View data | ||
| 4 | 4 Germany | 8.82 | 2023 | View data | ||
| 5 | 5 France | 8.63 | 2023 | View data | ||
| 13 | 13 Ireland | 5.92 | 2023 | View data | ||
| 14 | 14 Spain | 5.71 | 2023 | View data | ||
| 15 | 15 Japan | 5.33 | 2023 | |||
| 16 | 16 Slovenia | 5.2 | 2023 | View data | ||
| 17 | 17 Belgium | 4.69 | 2023 | View data | ||