The market for Tracksuits, Ski Suits, Swimwear, and other garments of knitted or crocheted textiles in Denmark experienced fluctuating growth between 2013 and 2023. In 2023, the market size stood at 1.4705 million. The period saw notable contractions, particularly in 2014 and 2020, and a peak recovery in 2021. The average compound annual growth rate (CAGR) over the past five years was -2.9%. Year-on-year, the market decreased by 2.04% in both 2022 and 2023, reflecting a continued decline.
Future trends to watch for include:
- Potential recovery influenced by increased consumer interest in sustainable and innovative textile technologies.
- Growth in e-commerce and digital retail channels affecting consumer accessibility and market dynamics.
- A focus on performance-oriented apparel driven by health and wellness trends.