The market size value per capita of women's or girls' trousers and breeches of cotton in Latvia increased from €2.13 in 2013 to €2.51 in 2023, indicating moderate growth over the decade. The value showed a peak in 2018 at €2.59. Over the last two years, the value minorly decreased from €2.52 in 2022 to €2.51 in 2023, marking a slight year-on-year decline. The Compound Annual Growth Rate (CAGR) over the past five years was minimal, indicating stable demand without significant fluctuations.
Future trends to watch for include:
- The impact of sustainable fashion on consumer preferences.
- Potential growth opportunities in e-commerce.
- Trends in casual wear post-COVID-19 affecting market dynamics.