The Women and Girls Swimwear Made of Synthetic Fibres market size in Barbados has experienced fluctuations from 2013 to 2023, peaking in 2015. After a sharp drop in 2016, the market continued to decline, reaching $359.36 thousand in 2023, emphasizing a challenging trajectory with some recovery signs in 2021.
Key trends include:
- A significant decline between 2016 and 2020, mainly due to economic and possibly external factors such as tourism fluctuations.
- A modest recovery in 2021, yet the market saw slight declines in 2022 and 2023, with an average CAGR of -1.89% over the last five years.
Future trends to watch for:
Look for shifts in consumer preferences towards sustainable materials as environmental concerns grow, and innovations in swimwear technology catering to comfort and performance could potentially rejuvenate the market.
How does Barbados rank in Women and Girls Swimwear Made of Synthetic Fibres Market Size Value?
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 6,667,000,000 | 2023 | +1.62% | +1.49% | View data |
| 2 | 2 United Kingdom | 962,480,000 | 2023 | +1.42% | +1.77% | View data |
| 3 | 3 France | 946,400,000 | 2023 | +1.11% | +0.73% | View data |
| 4 | 4 Germany | 886,400,000 | 2023 | +1.31% | -1.28% | View data |
| 5 | 5 Italy | 489,490,000 | 2023 | -0.75% | +0.19% | View data |
| 29 | 29 Luxembourg | 2,963,500 | 2023 | +1.35% | +1.99% | View data |
| 30 | 30 El Salvador | 2,300,600 | 2023 | +3.63% | +4.36% | View data |
| 31 | 31 Barbados | 359,360 | 2023 | -2.15% | -1.89% | |
| 32 | 32 Madagascar | 12,890 | 2023 | +0.13% | +0.46% | View data |
