The Irish market for women's and girls' knitted or crocheted suits, ensembles, jackets, blazers, dresses, skirts, and trousers shows a consistent growth trend, with the volume in 2023 reaching 23.725 million. Notably, the market exhibited a 3% year-on-year increase in 2023 from the previous year. The compound annual growth rate (CAGR) over the last five years stands at 3.26%, reflecting a stable upward trajectory since 2018.
Future trends to watch for include:
- A potential increase in demand driven by a growing focus on sustainable and eco-friendly clothing options.
- Technological advancements in textile production that could enhance the quality and variety of available knitted or crocheted garments.
- Consumer preference shifts towards casual and comfortable styles post-pandemic, influencing market dynamics.
