The market size for Pullovers and Cardigans Made of Synthetic Fibres in Indonesia stood at 718.98 million USD in 2023, marking a modest growth compared to previous years. Between 2013 and 2023, the market exhibited consistent growth with a few fluctuations, peaking in 2021 with a remarkable increase of 24.72% year-on-year. However, the market showed only a small gain of 3.16% from 2022 to 2023, reflecting a cooling trend but maintaining positive growth. The CAGR over the last five years was a steady 3.65%, signaling consistent growth momentum.
Future trends to watch:
- Increasing consumer preference for sustainable synthetic fibers may alter market dynamics.
- Innovations in synthetic fiber technology could drive further growth.
- Rising consumer awareness around environmental issues might impact demand patterns.
How does Indonesia 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 |
| 13 | 13 Chile | 870,860,000 | 2023 | +2.02% | +2.59% | View data |
| 14 | 14 Austria | 810,050,000 | 2023 | +4.77% | +0.58% | View data |
| 15 | 15 Indonesia | 718,980,000 | 2023 | +3.16% | +3.65% | |
| 16 | 16 Sweden | 587,090,000 | 2023 | +0.8% | +0.71% | View data |
| 17 | 17 Israel | 519,620,000 | 2023 | +3.09% | +3.87% | View data |
