The Finnish market for women and girls' knitted or crocheted underwear and nightwear experienced a significant decline from 2013 to 2023, ending at a market size value of 120.12 million USD in 2023. The early 2010s saw some fluctuation with minimal increases, but a sharper downward trend continued from 2015 onwards. Year-on-year declines were notable, such as a 22.22% drop in 2015 and continual decreases through 2023. The five-year CAGR depicts an average annual decline of 3.41%, indicative of sustained challenges for the industry.
Future trends to watch for include innovations in sustainable materials, potential recovery in consumer spending as economic conditions improve, and the impact of digitalization on retail trends, which might help reverse the declining trend.
How does Finland rank in Women and Girls Underwear and Nightwear Knitted or Crocheted Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 21 | 21 Denmark | 155,590,000 | 2023 | -4.72% | -6.42% | View data |
| 22 | 22 Hungary | 120,360,000 | 2023 | +4.87% | +4.73% | View data |
| 23 | 23 Finland | 120,120,000 | 2023 | -4.15% | -3.41% | |
| 24 | 24 Ireland | 117,120,000 | 2023 | -1.52% | -2.52% | View data |
| 25 | 25 Colombia | 113,050,000 | 2023 | -1.36% | -1.88% | View data |
