Between 2013 and 2023, the women's and girls' knitted or crocheted underwear and nightwear market in Bulgaria grew from $18.082 million to $33.678 million. By 2023, a year-on-year growth of 2.47% was recorded. The market is recovering following a significant decline of 14.93% in 2020 due to global disruptions. Over the past five years, the market grew at a CAGR of 3%, indicating a steady upward trend.
- In 2021, the market rebounded with a 23.75% growth.
- Growth rates varied significantly, reflecting market volatility.
Future trends suggest increased demand for eco-friendly and sustainable products, driven by consumer awareness and regulatory changes. Additionally, digital transformation and e-commerce are likely to play pivotal roles in reaching wider audiences and expanding market presence.
| # | 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 |
| 28 | 28 Uruguay | 46,084,000 | 2023 | +1.6% | +0.86% | View data |
| 29 | 29 Slovakia | 42,980,000 | 2023 | -2.73% | -1.64% | View data |
| 30 | 30 Bulgaria | 33,678,000 | 2023 | +2.47% | +3% | |
| 31 | 31 Latvia | 18,551,000 | 2023 | -0.95% | +0.82% | View data |
| 32 | 32 Honduras | 11,884,000 | 2023 | +2.43% | +2.79% | View data |