The market for Women's or Girls' Suits and related knitted or crocheted garments in Ireland exhibited steady growth from 2013 to 2023, rising from 132.27 million euros to 248.89 million euros. The sector experienced a consistent upward trajectory, with notable fluctuations including a peak growth rate of 17.62% in 2014 followed by a minimal decline in 2015 and 2016. The Compound Annual Growth Rate (CAGR) over the last five years stood at 7.19%, reflecting a robust market presence. In 2023, the market achieved a value of 248.89 million euros, depicting a 4.7% year-on-year increase from 2022.
Looking ahead, future trends to watch for include:
- A focus on sustainable and eco-friendly fashion influencing consumer preferences and driving market innovation.
- Technological advancements in fabric production enhancing product appeal and functionality.
- An increasing shift towards online retail channels reshaping distribution and sales strategies.
- Growing influence of cultural and fashion diversity as new generations embrace varied styles.
How does Ireland rank in Women's or Girls' Suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided Skirts, Trousers, Bib and Brace Overalls, Breeches and Shorts of Knitted or Crocheted Textiles Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,538,400,000 | 2023 | +0.99% | +1.63% | View data |
| 2 | 2 Germany | 1,427,000,000 | 2023 | +2.06% | +2.14% | View data |
| 3 | 3 France | 1,347,700,000 | 2023 | +3.43% | +5.02% | View data |
| 4 | 4 Spain | 746,030,000 | 2023 | +2.46% | +1.62% | View data |
| 5 | 5 Austria | 481,510,000 | 2023 | +4.25% | +5.18% | View data |
| 6 | 6 Sweden | 318,800,000 | 2023 | +5.15% | +3.23% | View data |
| 7 | 7 Ireland | 248,890,000 | 2023 | +4.7% | +7.19% | |
| 8 | 8 Czech Republic | 188,920,000 | 2023 | +6.23% | +4.43% | View data |
| 9 | 9 Finland | 145,960,000 | 2023 | +2.4% | +0.86% | View data |