The market for women and girl briefs and panties made of cotton in South Africa has experienced a declining trend from 2013 to 2023. The per capita value has decreased from $1.09 in 2013 to $0.82 in 2023, marking a steady decline. The year-on-year change was relatively stable in the past two years, with declines of 1.19% in 2022 and 1.20% in 2023, reflecting some market stabilization. The Compound Annual Growth Rate (CAGR) over the last five years is negative, showing a consistent decrease in value at an average annual rate.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and eco-friendly materials, which could impact the demand for cotton-based products.
- Economic factors and shifts in disposable income that could either spur or suppress consumer spending in this market.
- The impact of regional manufacturing capabilities and cost efficiencies on market pricing and affordability.
| # | 30 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 11.64 | 2023 | View data | ||
| 2 | 2 Switzerland | 10.27 | 2023 | View data | ||
| 3 | 3 Netherlands | 9.78 | 2023 | View data | ||
| 4 | 4 Germany | 8.82 | 2023 | View data | ||
| 5 | 5 France | 8.63 | 2023 | View data | ||
| 22 | 22 China | 1.77 | 2023 | View data | ||
| 23 | 23 Bulgaria | 1.33 | 2023 | View data | ||
| 24 | 24 South Africa | 0.82 | 2023 | |||
| 25 | 25 Peru | 0.52 | 2023 | View data | ||
| 26 | 26 Armenia | 0.45 | 2023 | View data | ||
