The market for cotton T-shirts in Ireland has seen a consistent decline in recent years. In 2023, the value stood at 195.59 million USD. Over the past decade, there have been fluctuations, but a general downward trend is evident. The market experienced yearly declines, with a notable drop of 8.64% between 2022 and 2023. The compound annual growth rate over the last five years also depicts a negative trajectory at -6.32%, emphasizing the reduction in market size and consumer demand.
Future trends to watch for:
- Increased consumer preference for sustainable fashion, potentially driving demand for environmentally friendly production methods.
- Economic factors and changing fashion trends impacting consumer purchasing power and preference.
- Potential growth in e-commerce and digital platforms, altering traditional retail landscapes.
How does Ireland rank in T-Shirts Made of Cotton Market Size Value?
| # | 45 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 29,853,000,000 | 2023 | +0.58% | +0.29% | View data |
| 2 | 2 China | 13,297,000,000 | 2023 | +2.23% | +2.46% | View data |
| 3 | 3 United Kingdom | 7,492,800,000 | 2023 | +0.49% | +0.93% | View data |
| 4 | 4 Germany | 7,415,300,000 | 2023 | -2.06% | -3.07% | View data |
| 5 | 5 Japan | 6,158,900,000 | 2023 | -1.79% | -0.83% | View data |
| 29 | 29 Sri Lanka | 226,830,000 | 2023 | -0.94% | -0.79% | View data |
| 30 | 30 Slovakia | 213,180,000 | 2023 | -1.05% | -2.62% | View data |
| 31 | 31 Ireland | 195,590,000 | 2023 | -8.64% | -6.32% | |
| 32 | 32 Morocco | 179,820,000 | 2023 | +2.25% | +2.58% | View data |
| 33 | 33 Uruguay | 111,380,000 | 2023 | +2.68% | +3.07% | View data |
