Hat and Headgear Market Overview in Sweden
In value terms, hat and headgear production totaled $ in 2019 estimated in export prices. Over the period under review, production recorded a perceptible setback. Hat and headgear production peaked at $ in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.
The size of the hat and headgear market in Sweden expanded modestly to $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a moderate expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market remained at a somewhat lower figure.