The Women and Girls' Blouses and Shirts Made of Cotton market in Mexico has seen significant fluctuations. In 2023, the market size value per capita stood at $0.60. From 2013 to 2015, the market showed growth, reaching its peak in 2015. However, a declining trend started in 2016. Over the last two years, there was a year-on-year decrease of 5.9% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years (2018-2023) was -4.9%, displaying steady contraction.
Future trends to watch include:
- The growing influence of sustainable fashion, possibly revitalizing cotton garment demand.
- Expansion of online retail channels, offering new avenues for market reach.
- Potential economic recovery post-COVID-19 affecting consumer spending positively.