The T-shirts made of cotton market in Greenland has experienced a consistent decline in per capita value, dropping from $37.45 in 2013 to $28.33 in 2023. Over the last two years, there was a decrease of approximately 2.1% and 2.1% respectively. The Compound Annual Growth Rate (CAGR) over the past five years stands at approximately -2.2% annually, indicating a steady downtrend in the market.

Future trends to watch for:

Environmental and sustainability efforts that might influence cotton sourcing and production practices.
Potential shifts in consumer preferences towards alternative materials.
Technological advancements in textile production impacting market dynamics.