The UK market for women's or girls' skirts and divided skirts of textile fabrics not knitted or crocheted, expressed in millions of units, has shown a fluctuating trend over the past decade. The market stood at 26.717 million units in 2023, reflecting slight corrections after a significant decline in 2020 due to external economic factors.
- From 2013 to 2023, the market experienced both growth and contraction, with the largest decline observed in 2020. The market partially rebounded in 2021 but did not return to pre-2020 levels.
- Year-on-year analysis over the last two years showed minor declines, with a decrease of 0.37% in 2022 and 0.36% in 2023.
- The CAGR over the last five years has been relatively flat at -0.023%, indicating a stable yet cautious atmosphere in market volume.
Looking ahead, trends to watch include shifts toward sustainability in textile production, potential economic impacts from post-Brexit regulations, and evolving consumer fashion preferences that might influence demand. Technology-driven production efficiencies and the expansion of e-commerce platforms could also steer market directions.