From 2013 to 2023, the market size value per capita for women and girl bathrobes and dressing gowns made of cotton in Norway has demonstrated a declining trend, decreasing from $1.25 in 2013 to $0.47 in 2023. A particularly steep decline occurred in the initial five years. Over the last two years, from 2021 to 2023, the market value decreased by approximately 20.3%. The Compound Annual Growth Rate (CAGR) over the last five years (2019-2023) shows a negative average of around -6.22% per year.
Future trends to watch for:
- Potential shifts towards sustainable and ethical cotton sourcing could influence consumer demand and market value.
- A general emphasis on comfort and home wear may trigger gradual interest rebounds.
- Technological advancements in textile could disrupt the market dynamics.