The Canadian market for pullovers and cardigans made of cotton experienced fluctuation over the past decade. In 2023, the market size value stood at $2.0021 billion USD, marking a slight growth from 2022. Despite this uptick, a compound annual growth rate (CAGR) of -1.77% indicates a longer-term decline over the past five years.
- The market showed a positive year-on-year variation of 1.98% in 2023.
- After a significant downturn during 2020 as the market contracted by 11.35%, partial recovery followed with consecutive annual variations, although growth remains modest.
- Past fluctuations include a peak at $2.3892 billion USD in 2019, followed by notable decreases.
Future trends to watch include evolving consumer preferences for sustainable and eco-friendly products, which may stimulate demand for cotton attire. Additionally, shifts in fashion trends and ecommerce innovation could further influence market dynamics and growth.
How does Canada rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 6 | 6 France | 4,102,800,000 | 2023 | -2.06% | -2.49% | View data |
| 7 | 7 Spain | 2,899,800,000 | 2023 | -0.76% | -1.3% | View data |
| 8 | 8 Canada | 2,002,100,000 | 2023 | +1.98% | -1.77% | |
| 9 | 9 Australia | 1,479,800,000 | 2023 | +3.47% | +4.24% | View data |
| 10 | 10 Netherlands | 1,408,600,000 | 2023 | -0.41% | -0.13% | View data |
