The Lithuanian market for women's or girls' overcoats and similar textile articles not knitted or crocheted saw steady growth from 2013 to 2023, with the market size increasing to 947.45 thousand in 2023. Over the past decade, the market experienced fluctuations, with significant growth in 2016 and 2018 but a decline in 2019 and 2020. However, the last few years have shown recovery with increments in 2022 and 2023. The five-year compound annual growth rate (CAGR) up to 2023 stands at 0.84%.
Future trends to watch for include potential growth driven by increased emphasis on sustainable materials and evolving fashion needs, alongside economic factors that might influence consumer spending in Lithuania.
