From 2013 to 2023, the market size value per capita for gloves, mittens, or mitts made of synthetic fibers in Belgium increased from $5.72 to $6.61. Notably, in 2023, the per capita value stood at $6.61 USD. The market experienced a decline in 2020, perhaps due to the pandemic, but recovered swiftly thereafter. Between 2022 and 2023, there was an approximate increase of 1.38%. The compounded annual growth rate (CAGR) over the last five years was around 1.41%.
Future trends to watch for include the ongoing impact of sustainability initiatives that might drive innovation in synthetic glove materials, and changes in consumer preferences towards eco-friendly options.
