In Belgium, the market size value per capita for men's or boys' trousers, breeches, and shorts of wool or fine animal hair was relatively stable, with minor fluctuations between 2013 and 2023. The value stood at 0.68 Euros per capita in 2023, representing a recovery from the 0.57 Euros per capita observed in 2020.
The year-on-year analysis shows that the value decreased by 18% in 2020 amidst pandemic impacts, but stabilized with no change from 2021 to 2023. Over the past five years, the compound annual growth rate (CAGR) averaged at roughly -0.21%, indicating a slight decline.
Future trends to watch for:
- Potential impact of sustainable and ethical fashion trends on wool and fine animal hair market demand.
- The growing preference for casual and functional clothing may influence market dynamics.
- Economic factors and consumer confidence in the region could further shape market size.
How does Belgium rank in Men's or Boys' Trousers, Breeches and Shorts of Wool or Fine Animal Hair Market Size Value Per Capita?
| # | 5 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Austria | 2.11 | 2023 | View data |
| 2 | 2 Denmark | 1.16 | 2023 | View data |
| 3 | 3 United Kingdom | 0.97 | 2023 | View data |
| 4 | 4 Belgium | 0.68 | 2023 | |
| 5 | 5 Finland | 0.39 | 2023 | View data |
