Between 2013 and 2023, Slovenia's market for women's or girls' jerseys, pullovers, sweatshirts, waistcoats, and cardigans made from man-made fibers showed periods of expansion followed by a downturn. The market grew steadily from 2013 to 2019, achieving its peak in 2019. Starting in 2020, the market experienced a decline driven by a year-on-year reduction in value, culminating in a significant decrease in 2023 where the market stood at 1.6647 million.
Despite early strong year-on-year growth, the last five years revealed an average contraction (CAGR) of -6.29%. Recent declines indicate challenges which might continue affecting volume.
Future trends to watch for include:
- Potential market recovery driven by innovations in sustainable materials.
- Changing fashion trends emphasizing man-made fibers' versatility and cost-effectiveness.
- Impact of economic factors on consumer spending and demand.
