The Women and Girl Briefs and Panties Made of Cotton market in Armenia exhibited a fluctuating pattern from 2013 to 2023. The market size value per capita declined between 2013 and 2015, hitting a low point in 2015. From 2016 onwards, there was a general upward trend, peaking at $0.45 per capita in 2023. Recent years (2022-2023) showed more stability with a 4.65% increment. The compound annual growth rate (CAGR) over the last five years was approximately 2.83%.
Future trends to watch for:
- Potential increase in demand driven by fashion trends and preferences for sustainable cotton.
- Influence of economic conditions and consumer spending power in Armenia on purchasing behavior.
- Possible shifts in market dynamics due to emerging competitors or new market entrants.
| # | 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 | ||
| 24 | 24 South Africa | 0.82 | 2023 | View data | ||
| 25 | 25 Peru | 0.52 | 2023 | View data | ||
| 26 | 26 Armenia | 0.45 | 2023 | |||
| 27 | 27 Mexico | 0.4 | 2023 | View data | ||
| 28 | 28 Honduras | 0.22 | 2023 | View data | ||
