In 2023, imports of women's and girls' dresses made of wool or fine animal hair stood at approximately 940.00 thousand units. From 2024 to 2028, the UK expects steady growth in import value, reflecting growing demand and possible pricing shifts for these garments. Forecast data from 2024 to 2028 shows a consistent upward trend with annual increases ranging from 4% to 4.4%. The compound annual growth rate (CAGR) over these five years is approximately 3.8%, indicating a moderate increase in market activity.
Future trends to watch for include:
- Changes in fashion preferences that may influence wool and fine animal hair garment demand.
- Potential trade policy impacts on importation costs and regulations.
- The influence of sustainable and ethical sourcing, which could drive consumer choices.