The United Kingdom leads European countries in household expenditure on clothing with a value of 20.57 million euros, closely followed by Germany and Italy. France and Spain also exhibit significant expenditure but trail behind the top three countries. Meanwhile, Poland and Romania show high year-on-year growth at 4.09% and 4.12% respectively, indicating a strong upward trend. Noteworthy increases are also seen in Ireland and Bulgaria with 6.92% and 11.84% growth, highlighting a shift in these markets.
Future trends to watch in the European household clothing expenditure market include:
- Sustained growth potential in rapidly developing markets like Poland and Romania.
- The impact of economic factors on market-leading countries may alter spending priorities.
- Rising consumer preferences for sustainable and ethically produced clothing, potentially reshaping buying patterns.
- The influence of digital transformation in retail, driving changes in consumer behavior and expenditure distribution across countries.
Top countries in Household Expenditure on Clothing Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 20.57 | 2023 | +1.43% | +2.41% | View data |
| 2 | 2 Germany | 17.96 | 2023 | -0.58% | +0.48% | View data |
| 3 | 3 Italy | 15.69 | 2023 | +1.62% | +0.55% | View data |
| 4 | 4 France | 10.11 | 2023 | +0.2% | +0.0013% | View data |
| 5 | 5 Spain | 5.97 | 2023 | +1.61% | -1.29% | View data |
| 6 | 6 Netherlands | 4.54 | 2023 | -5.72% | +2.23% | View data |
| 7 | 7 Poland | 4.05 | 2023 | -3.53% | +4.09% | View data |
| 8 | 8 Austria | 2.65 | 2023 | +1.07% | +0.4% | View data |
| 9 | 9 Belgium | 2.61 | 2023 | -2.89% | +0.53% | View data |
| 10 | 10 Sweden | 2.29 | 2023 | +1.15% | +2.41% | View data |
