In 2023, the market for men's or boys' underpants and briefs of knitted or crocheted textiles in Europe showcased varied growth across different countries. Germany led the market with a value of €373.63 million, followed by France and the United Kingdom with €294.39 million and €286.76 million respectively. Austria, Finland, and Greece exhibited notable growth rates of 3.53%, 1.36%, and 4.07% respectively, while Sweden experienced a significant decline of 9.51%. Smaller markets like Latvia grew at a remarkable 9.7%, hinting at a thriving potential in lesser-focused regions.
Looking ahead, the European market is poised for steady growth, driven by increasing awareness towards sustainable fashion, technological advancements in fabric innovation, and shifting consumer preferences towards comfort and quality. These factors, coupled with economic recovery post-brexit and pandemic-induced disruptions, could enhance potential expansion and diversification opportunities across the continent.
Top countries in Men's or Boys' Underpants and Briefs of Knitted or Crocheted Textiles Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 373,630,000 | 2023 | +3.41% | +0.55% | View data |
| 2 | 2 France | 294,390,000 | 2023 | +2.66% | +2.11% | View data |
| 3 | 3 United Kingdom | 286,760,000 | 2023 | +1.6% | +2.87% | View data |
| 4 | 4 Spain | 158,490,000 | 2023 | +1.09% | +1.73% | View data |
| 5 | 5 Austria | 60,800,000 | 2023 | +2.19% | +3.53% | View data |
| 6 | 6 Finland | 36,737,000 | 2023 | +3.61% | +1.36% | View data |
| 7 | 7 Sweden | 35,693,000 | 2023 | -8.64% | -9.51% | View data |
| 8 | 8 Greece | 26,790,000 | 2023 | +1.85% | +4.07% | View data |
| 9 | 9 Slovenia | 9,243,500 | 2023 | +2.12% | +2.23% | View data |
| 10 | 10 Latvia | 5,561,200 | 2023 | +4.38% | +9.7% | View data |
