The Baby Garments and Accessories Made of Synthetic Fibres market in Colombia exhibited fluctuations from 2013 to 2023. The market value per capita decreased from $0.23 in 2013 to $0.17 in 2023. Significant year-on-year declines occurred between 2015-2020, particularly a 16.67% drop from 2019 to 2020. Between 2021 to 2023, the market showed minor stabilization with a value of $0.17 in 2023. The five-year CAGR indicates an average annual decline. This suggests subdued consumer demand amid recent economic challenges.
Future trends to watch include:
- Potential recovery with economic improvements.
- Increased preference for sustainable textiles, impacting synthetic fibre demand.
- Introduction of innovative, eco-friendly synthetic materials could revitalize the segment.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 4.07 | 2023 | View data | ||
| 2 | 2 France | 3.51 | 2023 | View data | ||
| 3 | 3 United Kingdom | 3.02 | 2023 | View data | ||
| 4 | 4 Japan | 2.51 | 2023 | View data | ||
| 5 | 5 Canada | 2.47 | 2023 | View data | ||
| 14 | 14 Sri Lanka | 0.32 | 2023 | View data | ||
| 15 | 15 Mexico | 0.29 | 2023 | View data | ||
| 16 | 16 Colombia | 0.17 | 2023 | |||
| 17 | 17 Brazil | 0.16 | 2023 | View data | ||
