The Women and Girls Underwear and Nightwear Knitted or Crocheted Market in Canada experienced fluctuations over the past decade. By 2023, it reached a total value of $1.2437 billion USD. After a noticeable decline in 2020, the market rebounded with significant growth in 2021, and has shown consistent, albeit modest, growth through 2023. Year-on-year variations highlight this trend, with a substantial increase of 21.97% in 2021 and steady increases in subsequent years. Over the last five years, the compound annual growth rate (CAGR) has remained positive at 1%.
Future trends to watch for:
- Continued innovation in sustainable fabrics, catering to environmentally conscious consumers.
- Potential growth driven by increased e-commerce adoption and expanded global market reach.
- Shifts in consumer preferences towards comfort-focused designs amidst lifestyle changes post-pandemic.
How does Canada rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 6 | 6 Canada | 1,243,700,000 | 2023 | +1.16% | +1% | |
| 7 | 7 Australia | 1,218,000,000 | 2023 | +1.95% | +0.97% | View data |
| 8 | 8 Spain | 1,103,100,000 | 2023 | -0.088% | -0.14% | View data |
