The wearing apparel turnover in Italy is forecasted to decline from €29.62 billion in 2024 to €27.03 billion in 2028. In 2023, the turnover stood at €30.30 billion. Year-on-year percentage variations indicate a steady decrease: -2.22% in 2024, -2.23% in 2025, -2.24% in 2026, -2.27% in 2027, and -2.31% in 2028. Over the last two years, the turnover declined by around 5.94%, with a Compound Annual Growth Rate (CAGR) of -1.92% over the five years.
Future trends to watch for include the impact of economic conditions on consumer spending, shifts in consumer preferences towards sustainable fashion, and the influence of digital transformation on apparel retail. Additionally, inflation and changes in global trade policies may further affect the market dynamics in the Italian apparel industry.
