From 2013 to 2023, the market size value per capita for women's and girls' trousers and shorts made of synthetic fibres in Canada increased from $13.43 to $25, reflecting strong growth. The years 2022 and 2023 showed a year-on-year increase of 3.3% from $23.42 to $24.22, and a subsequent increase of 3.2% to $25 in 2023. The compound annual growth rate (CAGR) over the last five years was approximately 2.9%, indicating consistent expansion in recent years.
Future trends to watch for include:
- Increasing consumer preference for sustainable and eco-friendly synthetic fibres.
- Growing interest in athleisure and comfortable clothing post-pandemic.
- Technological advancements in material production for enhanced durability and comfort.
- Potential market saturation could slow growth unless innovative styles or new markets are developed.