Key Market Indicators
Czech clothing expenditure is projected to surge to approximately €5.8 billion by 2028, up from around €4.4 billion in 2023. This represents an annual compound growth rate of 4.6%. Since 2000, the demand for clothing in the Czech Republic has increased at an annual rate of 10.4%. In 2023, the Czech Republic ranked 16th in clothing expenditure, with Ireland surpassing it at the same €4.4 billion mark. Leading the rankings were Germany, Italy, and France, occupying the second, third, and fourth positions, respectively. Meanwhile, Czech apparel sales are expected to hit €777 million by 2028, down slightly from €779 million in 2023. This marks a negligible year-on-year decline of 0%. However, since 2010, the Czech apparel market has experienced a modest growth of 0.1% annually. In 2023, the Czech Republic was ranked 12th in apparel sales, with Switzerland overtaking it at €779 million. Germany, France, and Spain held the second, third, and fourth spots in this category.
