In 2023, Italy led in European sold production of tracksuits, ski suits, and swimwear with a remarkable 8.69% growth, reaching 224.93 million euros. Portugal, standing second, grew marginally by 0.55% to 122.84 million euros. Meanwhile, the United Kingdom witnessed a 3.2% increase, whereas Spain and Romania saw declines of 1.36% and 2.28% respectively.
Other notable performers include Serbia with a 13.86% growth and Lithuania with a 6.85% increase. Lesser contributors like Denmark experienced substantial contractions at -53.12%. Over a longer horizon, observing the compound annual growth rate trends reveals general market dynamics and competitiveness.
Future trends to watch for include:
- Italy's dominant position amidst persistent growth driven by innovation and brand presence.
- Potential for Eastern European countries like Serbia to rise, leveraging cost-effective production.
- The impact of sustainability trends influencing production and consumer choices in Western Europe.
Top countries in Sold Production of Tracksuits, Ski Suits and Swimwear by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 224,930,000 | 2023 | -1.59% | +8.69% | View data |
| 2 | 2 Portugal | 122,840,000 | 2023 | -4.83% | +0.55% | View data |
| 3 | 3 United Kingdom | 86,505,000 | 2023 | +1.09% | +3.2% | View data |
| 4 | 4 Spain | 51,193,000 | 2023 | -0.77% | -1.36% | View data |
| 5 | 5 Romania | 43,381,000 | 2023 | -1.51% | -2.28% | View data |
| 6 | 6 Serbia | 30,267,000 | 2023 | +6.31% | +13.86% | View data |
| 7 | 7 Czechia | 24,833,000 | 2023 | |||
| 8 | 8 Lithuania | 15,545,000 | 2023 | +4.41% | +6.85% | View data |
| 9 | 9 Poland | 12,105,000 | 2023 | +0.85% | +3.41% | View data |
| 10 | 10 France | 6,902,200 | 2023 | +6.31% | -0.54% | View data |
