The market size for babies' garments and clothing accessories, knitted or crocheted in Mexico was valued at 213.67 million USD in 2023. Over the decade, the market observed fluctuations with a notable high in 2014. The last two years showed modest growth with year-on-year increases of 0.51% in 2022 and 0.49% in 2023. The 5-year CAGR ending in 2023 was 0.95%, indicating a stable but slow recovery following the 2020 dip.
Looking forward, trends to monitor include:
- Potential growth accelerated by increased birth rates or economic recovery.
- Impact of consumer preferences shifting towards sustainable and ethically produced garments.
- Effects of trade policies and tariffs related to global supply chain dynamics.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,036,800,000 | 2023 | +1.64% | +0.24% | View data |
| 2 | 2 India | 2,394,200,000 | 2023 | +10.03% | +6.99% | View data |
| 3 | 3 United Kingdom | 2,053,600,000 | 2023 | -1.05% | -0.68% | View data |
| 4 | 4 France | 2,020,200,000 | 2023 | -0.27% | -0.62% | View data |
| 5 | 5 Germany | 1,759,500,000 | 2023 | +2.73% | +1.46% | View data |
| 14 | 14 Israel | 243,430,000 | 2023 | +2.45% | +2.47% | View data |
| 15 | 15 Austria | 229,500,000 | 2023 | +3.17% | +3.37% | View data |
| 16 | 16 Mexico | 213,670,000 | 2023 | +0.49% | +0.95% | |
| 17 | 17 South Africa | 211,000,000 | 2023 | -0.63% | -0.57% | View data |
| 18 | 18 Denmark | 199,100,000 | 2023 | +0.28% | +1.08% | View data |
