The Australian market for women's and girls' trousers and shorts made of synthetic fibres has shown growth from 2013 to 2023, with the market valued at 662.43 million US dollars in 2023. After a significant drop in 2020, the market rebounded with a 24.1% increase in 2021. The five-year CAGR indicates a modest average annual growth of 2.16%. Year-on-year growth between 2022 and 2023 was moderate at 2.72%, reflecting a stabilization post-pandemic.
Future trends to watch for include:
- Sustainability influencing consumer choices for synthetic fibres.
- Technological advancements in fabric production enhancing product appeal.
- Fluctuations in consumer spending due to economic conditions.
