The market for women and girl blouses and shirts made of cotton in Armenia reached approximately $1.9816 million in 2023. Observing the year-on-year growth, there was a consistent increase, albeit at a decreasing rate in recent years, with a 2.35% increase from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) was approximately 2.62%, indicating moderate growth.
Future trends to watch for include potential impacts from global supply chain fluctuations and shifts in consumer preference towards sustainable clothing materials. Monitoring these factors will be crucial for predicting market dynamics beyond 2024.
