In 2023, the market size for women's and girls' dresses made of synthetic fibers in Belgium was valued at USD 76.067 million. After fluctuating between 2013 and 2023, the market has shown a recent uptick in growth. Specifically, from 2022 to 2023, there was a slight year-on-year increase of 0.44%, following a similar rise the previous year. Over the last five years, the compound annual growth rate (CAGR) averaged -0.33%, indicating a relatively stable yet slowly declining market trajectory during this period.
Future trends to watch for include shifts in consumer preferences towards sustainable and eco-friendly materials, as well as potential regulatory changes impacting synthetic fiber usage. Additionally, technological advancements in textile manufacturing and innovations could influence market dynamics, potentially reversing the slight decline by meeting demand for newer, more durable synthetic fabrics.
How does Belgium rank in Women and Girls Dresses Women Made of Synthetic Fibres Market Size Value?
| # | 30 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,501,100,000 | 2023 | +1.63% | +2.32% | View data |
| 2 | 2 Germany | 1,507,500,000 | 2023 | +2.48% | +2.5% | View data |
| 3 | 3 Japan | 1,338,500,000 | 2023 | -2.19% | -2.36% | View data |
| 4 | 4 United Kingdom | 1,272,900,000 | 2023 | +0.78% | +1.42% | View data |
| 5 | 5 France | 813,980,000 | 2023 | +1.47% | +1.4% | View data |
| 14 | 14 United Arab Emirates | 95,779,000 | 2023 | +1.28% | +1.84% | View data |
| 15 | 15 Portugal | 79,624,000 | 2023 | +1.29% | -0.098% | View data |
| 16 | 16 Belgium | 76,067,000 | 2023 | +0.44% | -0.33% | |
| 17 | 17 Finland | 59,814,000 | 2023 | +0.9% | +0.2% | View data |
| 18 | 18 Ireland | 50,088,000 | 2023 | +0.17% | -0.53% | View data |