The market for babies' garments and clothing accessories knitted or crocheted in New Zealand experienced a consistent decline from 2013 to 2023, reaching approximately 89.909 million USD. The year-on-year decline peaked at 11.5% in 2017 and continued at slower rates, with the last five years showing an average yearly decrease (CAGR) of 3.59%. Despite minor growth in 2016, the sector faced persistent downturns, especially since 2017.
Future trends to watch for include potential market stabilization and growth driven by a resurgence in innovation and sustainable materials, alongside demographic shifts influencing demand and changing consumer preferences for eco-friendly products.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 6,036,800,000 | 2023 | +1.64% | +0.24% | View data |
| 2 | 2 India | 2,394,200,000 | 2023 | +10.03% | +6.99% | View data |
| 3 | 3 United Kingdom | 2,053,600,000 | 2023 | -1.05% | -0.68% | View data |
| 4 | 4 France | 2,020,200,000 | 2023 | -0.27% | -0.62% | View data |
| 5 | 5 Germany | 1,759,500,000 | 2023 | +2.73% | +1.46% | View data |
| 23 | 23 Greece | 132,590,000 | 2023 | -2.39% | -2.2% | View data |
| 24 | 24 Peru | 131,860,000 | 2023 | +2.03% | +2.68% | View data |
| 25 | 25 New Zealand | 89,909,000 | 2023 | -2.92% | -3.59% | |
| 26 | 26 Norway | 87,973,000 | 2023 | -2.42% | -2.51% | View data |
| 27 | 27 Ireland | 85,970,000 | 2023 | -4.75% | -5.14% | View data |
