The import of knitted or crocheted women's and girls' overcoats, capes, or cloaks of cotton to the UK is anticipated to increase from £11.93 million in 2024 to £13.29 million by 2028. This indicates a steady upward trend, with a compound annual growth rate of approximately 2.71% from 2024 to 2028. This projection suggests a stable demand in the UK market for these products over the mid-term.
Future trends to watch for include:
- Potential impact of emerging fashion trends which could influence demand.
- Effect of any tariff changes post-Brexit that may alter import dynamics.
- Shifts in consumer preferences towards sustainable or alternative textile products.