The market for women's and girls' trousers and shorts made of cotton in Mexico has shown significant fluctuations over the past decade, with a notable decline from 2015 onwards. The year 2023 saw the market at a value of 83.512 million USD, marking a year-on-year decrease of 1.02%. The compound annual growth rate (CAGR) from 2019 to 2023 was -1.34%, indicating a gradual decline in market value.
- From 2013 to 2015, the market experienced moderate growth.
- Since 2016, there has been a consistent downward trend, exacerbated by economic factors such as the impact of global trade tensions and domestic challenges.
- The slight recoveries in 2018 and 2021 did not sustain long-term growth, highlighting a volatile market landscape.
Future trends to watch include the impact of sustainable fashion initiatives, the influence of fast fashion, and changing consumer preferences toward athleisure. Additionally, economic recovery efforts post-pandemic and trade agreements might affect the market trajectory. Monitoring shifts in consumer behavior and economic policies will be crucial to understanding future market dynamics.
How does Mexico rank in Womens and Girls Trousers and Shorts Made of Cotton Market Size Value?
| # | 24 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,556,800,000 | 2023 | +2.13% | +1.96% | View data |
| 2 | 2 United Kingdom | 1,700,600,000 | 2023 | +0.24% | +0.025% | View data |
| 3 | 3 France | 1,635,100,000 | 2023 | +1.48% | +1.89% | View data |
| 4 | 4 Japan | 1,140,700,000 | 2023 | -0.95% | -0.77% | View data |
| 5 | 5 Spain | 1,024,200,000 | 2023 | +0.3% | +0.29% | View data |
| 11 | 11 Denmark | 107,380,000 | 2023 | -0.98% | -1.04% | View data |
| 12 | 12 Finland | 103,610,000 | 2023 | +0.29% | +0.7% | View data |
| 13 | 13 Mexico | 83,512,000 | 2023 | -1.02% | -1.34% | |
| 14 | 14 Slovakia | 76,175,000 | 2023 | +3.24% | +3.67% | View data |
| 15 | 15 Singapore | 69,058,000 | 2023 | +1.55% | +0.86% | View data |
