The US market size for women and girls' slips or petticoats made of synthetic fibers stood at 157.06 million US dollars in 2023. Over the past decade, the market has demonstrated fluctuations, showing an initial downward trend from 2013 to 2017, reaching its lowest in 2017. Despite some recovery, recent years have seen minimal growth, with the market decreasing slightly by 0.64% annually since 2022. The five-year compound annual growth rate (CAGR) from 2018 to 2023 is also slightly negative at -0.61%, indicating a relatively stagnant market.
Future trends to watch for:
- Potential shifts towards sustainable or eco-friendly materials may impact synthetic fiber demand.
- The influence of fast fashion and changing consumer preferences could alter market dynamics.
- Technological innovations in fabric production might introduce new synthetic fibers with enhanced qualities.