The T-shirt market in Namibia showed varying trends from 2013 to 2023, with a slight decline observed from 2013 to 2016 followed by a recovery and stabilization. The per capita market value decreased from $10.07 in 2013 to $9.73 in 2016, then experienced a resurgence, peaking at $10.79 in 2018 before stabilizing around $10.41 in 2023. Between 2022 and 2023, the value decreased by approximately 0.1%. The CAGR over the last five years was about 0.03%, indicating stability in per capita market size.
Future trends to watch for:
- Potential market growth driven by increased demand for sustainable and ethically-produced cotton T-shirts.
- Impact of economic factors influencing consumer purchasing power.
- Shifts in fashion trends influencing market dynamics.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 118.82 | 2023 | View data | ||
| 2 | 2 Spain | 112.49 | 2023 | View data | ||
| 3 | 3 United Kingdom | 110.82 | 2023 | View data | ||
| 4 | 4 Australia | 99.44 | 2023 | View data | ||
| 5 | 5 Germany | 96.48 | 2023 | View data | ||
| 27 | 27 Mexico | 11.22 | 2023 | View data | ||
| 28 | 28 Costa Rica | 10.53 | 2023 | View data | ||
| 29 | 29 Namibia | 10.41 | 2023 | |||
| 30 | 30 Sri Lanka | 10.19 | 2023 | View data | ||
| 31 | 31 South Africa | 9.48 | 2023 | View data | ||
