The market size for gloves, mittens, or mitts made of wool in Croatia experienced a persistent decline from 2013 to 2023. The market value decreased steadily each year, reaching 441.93 thousand US dollars in 2023. A notable drop occurred in 2020 with a -20.91% variation. Despite a brief recovery in 2021 with a 14.65% increase, the downward trend continued through 2023, showing a -5.15% change. The average compound annual growth rate (CAGR) over the last five years was -4.85%.
Future trends may include a potential rebound with increased sustainability focus, interest in natural fibers, and innovations in product functionality potentially revitalizing the market.
