The market size of women and girls underwear and nightwear knitted or crocheted in Iceland reached 11.561 million USD in 2023. Between 2013 and 2023, the market exhibited significant growth, particularly accelerating from 2017 onward. The year-on-year change in 2023 was 5.63%. Over the past five years, the market experienced an average annual growth rate (CAGR) of 8.11%, indicating robust expansion.
Going forward, potential trends to watch include:
- Increasing consumer interest in sustainability, driving demand for eco-friendly materials.
- Innovation in fabric technology enhancing comfort and function.
- Online retail channels becoming more dominant, fueled by convenience and wider product access.
How does Iceland rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 31 | 31 Latvia | 18,551,000 | 2023 | -0.95% | +0.82% | View data |
| 32 | 32 Honduras | 11,884,000 | 2023 | +2.43% | +2.79% | View data |
| 33 | 33 Iceland | 11,561,000 | 2023 | +5.63% | +8.11% | |
| 34 | 34 Bolivia | 6,715,200 | 2023 | +1.32% | +0.83% | View data |
| 35 | 35 Montenegro | 4,021,300 | 2023 | +3.53% | +2.11% | View data |
