From 2013 to 2023, the market size value per capita for women and girls’ overcoats made of materials other than synthetic fibers, wool, and cotton in Malta has shown a declining trend, decreasing from $0.3 in 2013 to $0.16 in 2023. Notably, the year-on-year variation in the last two years was 0% in 2022 to -5.88% in 2023. The compound annual growth rate (CAGR) over the past five years stood at -3.82%, reflecting a consistent downward trajectory.
Future trends to watch include shifts in consumer preferences towards sustainable materials, advancements in textile technology, and potential economic factors that may impact disposable income and spending on fashion in Malta.
