The per capita value of the underwear market in Portugal progressed steadily from 2013 to 2023, with a noticeable dip in 2020. The market value increased from €40.36 in 2013 to €87 in 2023. Year-on-year growth was resilient, particularly after the 2020 downturn, rebounding with a growth rate of 24.06% from 2020 to 2021. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was approximately 3.11%, reflecting a mature yet positively trending market.
Future trends to watch for:
- Sustainability influences driving consumer preference and brand differentiation.
- Increasing demand for comfort-driven designs may dictate market innovations.
- Economic factors and inflation potentially impacting consumer spending patterns.
How does Portugal rank in Underwear Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 174.31 | 2023 | View data | ||
| 2 | 2 Austria | 155.3 | 2023 | View data | ||
| 3 | 3 Netherlands | 103.63 | 2023 | View data | ||
| 4 | 4 United Kingdom | 91.37 | 2023 | View data | ||
| 5 | 5 Portugal | 87 | 2023 | |||
| 6 | 6 France | 78.78 | 2023 | View data | ||
| 7 | 7 Finland | 78.46 | 2023 | View data | ||
