Between 2013 and 2023, the market size value per capita for women's and girls' underwear and nightwear knitted or crocheted in Colombia fluctuated, with a high of $3.03 in 2013 and a decline to $2.16 in 2023. Over the last two years, the year-on-year variation indicates a continuous decrease in per capita spending. Specifically, from 2022 to 2023, there was a 2.26% decline. The Compound Annual Growth Rate (CAGR) over the last five years stands at -1.97%, indicating a gradual downward trend.
Looking ahead, future trends to watch for include:
- Potential economic recovery influencing consumer spending positively.
- Increasing consumer preference for sustainable and comfortable materials that may drive product innovations.
- Potential shifts in demand based on changing fashion trends and cultural influences.
How does Colombia rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value Per Capita?
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 45.47 | 2023 | View data | ||
| 2 | 2 Switzerland | 38.14 | 2023 | View data | ||
| 3 | 3 United Kingdom | 37.42 | 2023 | View data | ||
| 4 | 4 Netherlands | 35.71 | 2023 | View data | ||
| 5 | 5 France | 33.28 | 2023 | View data | ||
| 28 | 28 Bulgaria | 4.85 | 2023 | View data | ||
| 29 | 29 Guatemala | 2.94 | 2023 | View data | ||
| 30 | 30 Colombia | 2.16 | 2023 | |||
| 31 | 31 Indonesia | 2 | 2023 | View data | ||
| 32 | 32 Mexico | 1.67 | 2023 | View data | ||