The market for pullovers and cardigans made of synthetic fibers in Belgium exhibited a declining trend from 2013 to 2023, with the market size standing at $445.56 million in 2023. The market experienced significant fluctuations in earlier years, peaking in 2014, and then gradually decreasing with minor recoveries in 2021. The last five years have seen a compound annual growth rate (CAGR) of negative 0.92%, indicating a steady decline.
Future trends indicate that the market may continue to face challenges, but could leverage growth opportunities in sustainable manufacturing, shifts in consumer preferences towards eco-friendly materials, and advancements in fiber technology to potentially stabilize or grow modestly by addressing emerging consumer demands.
How does Belgium rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 16 | 16 Sweden | 587,090,000 | 2023 | +0.8% | +0.71% | View data |
| 17 | 17 Israel | 519,620,000 | 2023 | +3.09% | +3.87% | View data |
| 18 | 18 Belgium | 445,560,000 | 2023 | -1.53% | -0.92% | |
| 19 | 19 Norway | 405,680,000 | 2023 | +0.001% | -0.14% | View data |
| 20 | 20 Czech Republic | 405,020,000 | 2023 | +3.29% | +3.14% | View data |
