The underwear market size per capita in Spain was valued at €70.46 in 2023. Forecasts from 2024 indicate a decreasing trend, with values expected to be €69.23 in 2024, €68.61 in 2025, and progressively declining to €66.81 by 2028. The year-on-year percentage decrease between 2024 and 2025 is approximately -0.9%, and between 2025 and 2026 is about -0.9%. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is -0.9%, indicating a slow but steady decline in per capita expenditure on underwear.
Trends to watch for in the future include changes in consumer preferences towards more sustainable and eco-friendly products, potentially lower disposable incomes affecting spending on non-essential items, and the impact of e-commerce growth and fast-fashion influences on the demand for underwear in Spain.
