The market for baby garments and accessories made of cotton in South Africa showed fluctuating trends from 2012 to 2022. From a value high of $112.93 million in 2012, the market saw a notable decline, bottoming out at $82.564 million in 2016. However, recovery began in 2017, reaching $102.95 million by 2019. The market faced a slight dip in 2020 due to the pandemic but rebounded in 2021 and slightly grew to $100.97 million by 2022. The Compound Annual Growth Rate (CAGR) for the recent five-year period (2018-2022) averaged at 2.54%.
Future trends to watch for include:
- Increase in demand for organic and ethically sourced cotton garments due to growing consumer awareness.
- Innovation in baby garment designs focusing on comfort and multifunctionality.
- Potential impacts of economic fluctuations and global cotton prices on market dynamics.
- Growth in e-commerce platforms offering a wider range of baby products to more consumers.
How does South Africa rank in Baby Garments and Accessories Made of Cotton Market Size Value?
| # | 32 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 11,025,000,000 | 2023 | +0.32% | +0.2% | View data |
| 2 | 2 China | 4,664,700,000 | 2023 | +1.32% | -0.15% | View data |
| 3 | 3 United Kingdom | 1,798,500,000 | 2023 | -1.14% | -0.92% | View data |
| 4 | 4 France | 1,728,300,000 | 2023 | -0.57% | -1.1% | View data |
| 5 | 5 India | 1,716,800,000 | 2023 | +8.84% | +6.61% | View data |
| 20 | 20 Belgium | 133,910,000 | 2023 | -1.86% | -2.16% | View data |
| 21 | 21 Ireland | 98,053,000 | 2023 | +0.99% | -0.21% | View data |
| 22 | 22 South Africa | 96,559,000 | 2023 | -0.58% | -1.09% | |
| 23 | 23 Colombia | 66,282,000 | 2023 | -0.88% | -1.62% | View data |
| 24 | 24 Croatia | 50,608,000 | 2023 | +3.06% | +3.51% | View data |