The market for women and girls' cotton briefs and panties in Belgium has been on a declining trend, with a market size per capita of $4.69 in 2023. This represents a drop from $8.48 in 2013. A year-on-year comparison with 2022 shows a decline of approximately 5.6% from $4.97 per capita. The compound annual growth rate (CAGR) over the last five years (2018-2023) is approximately -5.1%, indicating a consistent decrease in market size. Factors contributing to this decline include changing consumer preferences and economic influences.
Looking ahead, the market's trajectory could stabilize if trends in sustainability prompt increased demand for cotton products. Monitoring shifts towards eco-friendly fashion could present opportunities for recovery, while economic conditions and consumer habits remain critical variables to watch.
| # | 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 | ||
| 15 | 15 Japan | 5.33 | 2023 | View data | ||
| 16 | 16 Slovenia | 5.2 | 2023 | View data | ||
| 17 | 17 Belgium | 4.69 | 2023 | |||
| 18 | 18 Portugal | 4.21 | 2023 | View data | ||
| 19 | 19 Estonia | 2.84 | 2023 | View data | ||