The market size value per capita for baby garments and accessories made of synthetic fibers in Sri Lanka has shown fluctuation over the past decade. Starting at $0.35 in 2013, it maintained a stable trend until 2015, followed by a modest increase reaching $0.37 in 2017. A decline began in 2018, reaching a low of $0.27 in 2020, but partially recovered to stabilize at $0.32 from 2021 to 2023.
Year-on-year variations in the last two years remained flat, while the five-year CAGR indicates a slight decline, suggesting cautious optimism in market recovery.
Looking ahead, potential trends to watch for include:
- Shifts in consumer preferences towards sustainable and eco-friendly materials.
- Impact of economic conditions on discretionary spending.
- Innovation in synthetic fibers improving product acceptance.
| # | 17 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 4.07 | 2023 | View data | ||
| 2 | 2 France | 3.51 | 2023 | View data | ||
| 3 | 3 United Kingdom | 3.02 | 2023 | View data | ||
| 4 | 4 Japan | 2.51 | 2023 | View data | ||
| 5 | 5 Canada | 2.47 | 2023 | View data | ||
| 12 | 12 Austria | 1.22 | 2023 | View data | ||
| 13 | 13 Slovakia | 0.67 | 2023 | View data | ||
| 14 | 14 Sri Lanka | 0.32 | 2023 | |||
| 15 | 15 Mexico | 0.29 | 2023 | View data | ||
| 16 | 16 Colombia | 0.17 | 2023 | View data | ||
