The Romanian market for women's and girls' knitted or crocheted textile garments showed a fluctuating growth pattern over the last decade. In 2023, the market size volume stood at 23.431 million. From 2013 to 2023, the market experienced periods of growth, notably in 2017 and 2018, with significant double-digit increases, though it also saw contractions in 2019 and 2020. The compound annual growth rate (CAGR) for the past five years is indicative of minimal growth, reflecting market volatility. Year-on-year growth rates recovered slightly post-pandemic, with modest gains observed between 2021 and 2023.
Future trends to watch for include:
- The impact of digital transformation in retail, driving demand through online sales channels.
- Increasing consumer preference for sustainable and eco-friendly textiles.
- Potential economic fluctuations influencing discretionary spending on apparel.
- Emerging fashion trends that could spur innovation and varied consumer preferences.