The Finnish market for pullovers and cardigans made of cotton showed a continuous decline from 2013 to 2023, with a market size value decreasing from $290.87 million to $181.91 million. From 2022 to 2023, the market experienced a 5% decrease, continuing several years of negative growth. The compound annual growth rate (CAGR) over the last five years was -5.37%, indicating a consistent downward trend. This pattern reflects changing consumer preferences and possible saturation in the sector.
Future trends to watch for include:
- Potential shifts towards sustainable and eco-friendly materials, propelling new demand.
- Impact of economic factors, such as disposable income changes or environmental taxes.
- Emerging fashion trends that could lead to revitalized interest in cotton garments.
How does Finland rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 22 | 22 New Zealand | 196,770,000 | 2023 | +3.05% | +5.04% | View data |
| 23 | 23 Ireland | 186,290,000 | 2023 | -0.82% | -0.72% | View data |
| 24 | 24 Finland | 181,910,000 | 2023 | -5% | -5.37% | |
| 25 | 25 South Africa | 140,280,000 | 2023 | +0.014% | +1.73% | View data |
| 26 | 26 Colombia | 126,510,000 | 2023 | -1.68% | -2.77% | View data |
