The market for Women and Girls Jackets and Blazers made from materials other than synthetic fibers, wool, and cotton in New Zealand has experienced a notable decline over the past decade, shrinking from $3.19 million in 2013 to $0.90 million in 2023. Year-on-year variations highlight a consistent downturn, with a compounded annual growth rate (CAGR) of -13.22% from 2018 to 2023. The recent year-on-year decline of 15.71% from 2022 to 2023 emphasizes the decreasing trend in market value.

Future trends to watch for include:

Growing demand for sustainable and eco-friendly materials which may drive shifts in consumer preferences.
Potential recovery through innovation and diversification in design and material usage.
Economic factors influencing discretionary spending in fashion markets post-2023.
Impact of global fashion trends and digital retail channels on market dynamics.