Key Market Indicators
The Spanish underwear market is anticipated to plummet to €68 million by 2028, a steep decline from its current valuation of €152 million in 2023. This represents an annual compound growth rate (CAGR) decrease of 12.8%. Since 2013, the Spanish market has experienced a consistent downtrend, shrinking by an average of 4.2% each year. In the latest rankings for 2023, Spain secured the ninth position. Sweden has now surpassed Spain, matching the €152 million mark. The leading positions in the market are held by Germany, Italy, and Portugal, which occupy the second, third, and fourth spots, respectively.
