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Portugal Apparel Industry Outlook 2024 - 2028

See how Portugal Apparel performed compared to key markets such as the United Kingdom, Germany and Italy.

Key Market Indicators

Portuguese Clothing Expenditure is forecasted to hit approximately €7.6 billion by 2028, up from €7 billion in 2023. This represents an annual growth rate of 1.2%. Since 2000, clothing demand in Portugal has increased at an average yearly rate of 1.7%. In 2023, Portugal ranked 11th in clothing expenditure, with Sweden narrowly ahead at €7 billion. The top spots were held by Germany, Italy, and France, respectively. Meanwhile, Portuguese Apparel Sales are projected to reach around €4.6 billion by 2028, rising from €4.2 billion in 2023. This marks an average annual growth rate of 1.4%. Since 2010, the Portuguese market has seen a yearly increase of 1.1%. For apparel sales in 2023, Portugal was ranked 5th, just behind Spain, which also recorded €4.2 billion in sales. Germany, France, and Spain occupied the 2nd, 3rd, and 4th positions, respectively.

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Portugal Apparel Market Data and Forecasts