In 2023, the per capita market size for pullovers and cardigans made of materials other than cotton, wool, or synthetic fibers stood at $5.39 in the US. Forecasts from 2024 to 2028 show a consistent decline, with values dropping from $5.25 to $4.7. Year-on-year, the market shows a reduction in per capita value by approximately 2.67% on average annually, highlighting a clear downward trend.
Future trends to watch for include:
- Potential shifts in consumer preferences toward sustainable materials
- Impact of economic factors such as inflation and changes in disposable income on consumer spending
- The influence of fashion trends on demand
