The market size value per capita for women's and girls' trousers and shorts made of wool in China has shown a consistent upward trend from 2013 to 2023, reaching $0.064 in 2023. The year-on-year growth for the last two years was 5.5% from 2021 to 2022 and 3.2% from 2022 to 2023, indicating a steady increase in consumer spending on these garments. The five-year compound annual growth rate (CAGR) is 3.8%, reflecting a healthy expansion of this niche market segment.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly wool products amid rising environmental awareness.
- Potential growth in the luxury apparel segment, driven by new fashion trends and rising disposable incomes.
- The impact of economic fluctuations and demographic changes on consumer purchasing trends.
