The women and girl briefs and panties market made of synthetic fibers in Belgium reached a value of 46.271 million USD in 2023. Over the past decade, the sector witnessed a decreasing trend, with significant annual drops, notably between 2013 and 2016. Since 2018, the market continued to decline with occasional fluctuations, like slight growth in 2017 and 2018. The Compound Annual Growth Rate (CAGR) over the last five years was approximately -6.71%, emphasizing a continuing downward trajectory.
Future trends to watch for include:
- Potential shifts towards sustainable and eco-friendly materials, which could influence synthetic fiber demand.
- Economic factors and disposable income levels that could affect consumer purchasing power.
- Fashion trends and consumer preferences that could alter product demand and diversification.
- E-commerce growth and digital retail innovations altering market dynamics.
How does Belgium rank in Women and Girl Briefs and Panties Made of Synthetic Fibres Market Size Value?
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 6,110,000,000 | 2023 | +1.95% | +2.01% | View data |
| 2 | 2 China | 2,686,100,000 | 2023 | +2.49% | +0.81% | View data |
| 3 | 3 France | 910,500,000 | 2023 | -1.25% | -1.19% | View data |
| 4 | 4 Germany | 850,740,000 | 2023 | +0.38% | -0.45% | View data |
| 5 | 5 Japan | 787,900,000 | 2023 | -3.84% | -4.67% | View data |
| 20 | 20 Norway | 48,754,000 | 2023 | -1.43% | -3.7% | View data |
| 21 | 21 New Zealand | 48,240,000 | 2023 | -0.93% | -0.5% | View data |
| 22 | 22 Belgium | 46,271,000 | 2023 | -8.94% | -6.71% | |
| 23 | 23 Finland | 44,598,000 | 2023 | -2.8% | -3.22% | View data |
| 24 | 24 United Arab Emirates | 41,320,000 | 2023 | +0.49% | +0.91% | View data |