The market size value per capita for men's and boys' cotton shirts in India has shown a steady upward trajectory from 2013 to 2023. In 2023, it stood at $0.68 USD, reflecting a consistent growth pattern. The year-on-year variation from 2021 to 2022 was approximately 3.08%, and from 2022 to 2023 was about 1.49%. Over the last five years, the compound annual growth rate (CAGR) was about 1.89%, indicating moderate but stable growth.
Future trends to watch for include technological advancements in textile manufacturing, shifts in consumer preferences towards sustainable fashion, and economic factors such as disposable income changes and inflation rates that might impact purchasing capacity and market expansion in India.
