The market for pullovers and cardigans made of synthetic fibers in Hungary saw a consistent growth from 2013 to 2023. By 2023, the market size had reached 141.08 million US dollars. Over the last two years, the market experienced moderate year-on-year growth rates of 4.61% in 2022 and 4.36% in 2023. The 5-year compounded annual growth rate (CAGR) stands at 3%, indicating steady expansion despite economic challenges.
Future trends to watch for include:
- Impact of sustainability trends influencing material choice.
- Shifts in consumer preferences towards eco-friendly clothing.
- Potential growth in e-commerce influencing retail dynamics.
- Economic factors affecting disposable income and clothing expenditures.
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 24 | 24 Finland | 197,410,000 | 2023 | -0.75% | -1.65% | View data |
| 25 | 25 Slovakia | 145,680,000 | 2023 | +1.58% | +1.05% | View data |
| 26 | 26 Hungary | 141,080,000 | 2023 | +4.36% | +3% | |
| 27 | 27 Colombia | 138,490,000 | 2023 | -3.87% | -3.17% | View data |
| 28 | 28 Croatia | 136,100,000 | 2023 | +6.26% | +1.65% | View data |
