The market size for pullovers and cardigans made of synthetic fibers in South Africa experienced fluctuations from 2013 to 2023, with a notable decline in 2014 and a significant drop in 2020. Notably, the market recouped with strong growth in 2021, ultimately standing at $276.44 million USD in 2023. The year-on-year variation indicates moderate recent growth of 1.62% and a five-year average compound annual growth rate (CAGR) of 1.76%, highlighting recovery and stabilization.
Future trends to watch include:
- Advancements in sustainable synthetic materials.
- Increasing consumer preference for eco-friendly clothing.
- Impacts of economic fluctuations and COVID-19 recovery.
- Evolving fashion trends influencing demand dynamics.
How does South Africa rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 19 | 19 Norway | 405,680,000 | 2023 | +0.001% | -0.14% | View data |
| 20 | 20 Czech Republic | 405,020,000 | 2023 | +3.29% | +3.14% | View data |
| 21 | 21 South Africa | 276,440,000 | 2023 | +1.62% | +1.76% | |
| 22 | 22 Ireland | 274,670,000 | 2023 | +1.88% | +0.57% | View data |
| 23 | 23 New Zealand | 204,180,000 | 2023 | +0.48% | -1.13% | View data |
