From 2013 to 2023, the value per capita of women and girls overcoats made of cotton in Mexico has generally seen a declining trend. In 2023, the market value per capita stood at $0.14, reflecting a continuous decrease over the past decade. From 2021 to 2023, the yearly percentage decline averaged -5.9%, while the compound annual growth rate (CAGR) over the last five years (2018-2023) is -7.1%. This suggests consistent erosion in per capita expenditure, indicating a weakened market interest or purchasing power for these products.
Future trends to watch for include:
- Potential shifts towards sustainable and eco-friendly fashion, influencing consumer choices.
- The impact of economic conditions and consumer preferences on apparel spending.
- Innovations in cotton fabric production, potentially reviving interest in cotton overcoats.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 5.66 | 2023 | View data | ||
| 2 | 2 Spain | 4.62 | 2023 | View data | ||
| 3 | 3 Netherlands | 4.16 | 2023 | View data | ||
| 4 | 4 Finland | 3.35 | 2023 | View data | ||
| 5 | 5 France | 3.13 | 2023 | View data | ||
| 12 | 12 Chile | 0.67 | 2023 | View data | ||
| 13 | 13 Brazil | 0.16 | 2023 | View data | ||
| 14 | 14 Mexico | 0.14 | 2023 | |||