From 2013 to 2023, the value per capita of the Pile Knit or Crochet Fabric of Synthetic Fibres market in Canada has consistently declined. In 2023, the market stood at $0.37 per capita, reflecting a continuing downward trend. Year-on-year variations from 2022 to 2023 show a -5.13% change, and from 2021 to 2022, a -4.88% change. The five-year Compound Annual Growth Rate (CAGR) is approximately -2.78%, indicating a steady reduction in market value per capita.
Future trends to watch for:
- Potential market stabilization as the decline slows down.
- Emerging sustainable alternatives to synthetic fibres could impact market dynamics.
- Technological advancements in textile production could foster innovation and usage.
How does Canada rank in Pile Knit or Crochet Fabric of Synthetic Fibres Market Size Value Per Capita?
| # | 12 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Colombia | 3.33 | 2023 | View data | ||
| 2 | 2 Spain | 1.83 | 2023 | View data | ||
| 3 | 3 United Kingdom | 1.11 | 2023 | View data | ||
| 4 | 4 Germany | 1.06 | 2023 | View data | ||
| 5 | 5 Croatia | 1.02 | 2023 | View data | ||
| 8 | 8 France | 0.49 | 2023 | View data | ||
| 9 | 9 Sweden | 0.46 | 2023 | View data | ||
| 10 | 10 Canada | 0.37 | 2023 | |||
| 11 | 11 Japan | 0.33 | 2023 | View data | ||
| 12 | 12 Switzerland | 0.27 | 2023 | View data | ||