The market size value for pullovers and cardigans made of cotton in Israel witnessed a peak in 2014 at 236.51 million USD before experiencing a significant drop in 2015. Since then, the market saw a gradual decline, stabilizing near 200 million USD by 2023. The year-on-year variation indicates consistent minor contractions from 2018 to 2023. Over the last five years, the compound annual growth rate (CAGR) averaged -0.43%, indicating a small downward trend.
Looking forward, potential market trends include increased consumer preference for sustainable and eco-friendly materials, which could drive demand for organic cotton products. Also, innovations in textile technology and design may revitalize interest in cotton knitwear in upcoming years.
How does Israel rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 19 | 19 Romania | 284,460,000 | 2023 | +4.01% | +6.79% | View data |
| 20 | 20 Peru | 270,970,000 | 2023 | +2.17% | +3.06% | View data |
| 21 | 21 Israel | 200,990,000 | 2023 | -0.25% | -0.43% | |
| 22 | 22 New Zealand | 196,770,000 | 2023 | +3.05% | +5.04% | View data |
| 23 | 23 Ireland | 186,290,000 | 2023 | -0.82% | -0.72% | View data |