The knitted or crocheted pile fabric market size per capita in Canada has seen a declining trend from 2013 to 2023, with the value per capita decreasing from $2.36 in 2013 to $1.56 in 2023. In the last two years (2022-2023), the market value per capita decreased by approximately 3.7% annually. Over the last five years, the compound annual growth rate (CAGR) was around -4.5%, indicating a consistent downward trend in consumption per capita. This decline might be attributed to changing consumer preferences, economic factors, or increased competition from alternative fabric types.
Looking forward, potential market changes such as sustainability trends, innovation in fabric technology, or shifts in consumer fashion interests could impact the market. Monitoring these aspects will be crucial to anticipating future growth or further declines in the Canadian knitted or crocheted pile fabric market.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sri Lanka | 4.82 | 2023 | View data | ||
| 2 | 2 Lithuania | 4.8 | 2023 | View data | ||
| 3 | 3 Colombia | 4.73 | 2023 | View data | ||
| 4 | 4 Brazil | 4.35 | 2023 | View data | ||
| 5 | 5 Romania | 3.76 | 2023 | View data | ||
| 11 | 11 United Kingdom | 1.75 | 2023 | View data | ||
| 12 | 12 Germany | 1.65 | 2023 | View data | ||
| 13 | 13 Canada | 1.56 | 2023 | |||
| 14 | 14 France | 1.53 | 2023 | View data | ||
| 15 | 15 Switzerland | 1.21 | 2023 | View data | ||
