The per capita volume of shawls, scarves, mufflers, mantillas, veils, and similar items (excluding silk) in Spain demonstrates a declining trend from 0.69 in 2013 to 0.43 in 2023. This represents a compound annual growth rate (CAGR) of -4.8% over the last decade, indicative of a significant and consistent decrease. The last two years, 2022 and 2023, showed minor declines of approximately 2.3% yearly. The market likely faced challenges in consumer preferences and competing garment types.
Looking forward, market observers should closely monitor:
- The impact of sustainable fashion trends on material sourcing and production.
- Potential shifts towards multifunctional garment usage that may spur market revitalization.
- Technological innovations in textile production that could reduce costs and attract consumers.