The European underwear market in 2023 saw Italy as the leader in sold production value, followed closely by Portugal and Spain. The countries displaying the highest year-on-year growth included Estonia and Finland, while France and Slovenia experienced significant declines. Emerging markets such as Serbia and Bulgaria have shown promising improvements, contrasting the shrinking productions in Germany and United Kingdom. While most Western European countries displayed negative or modest growth, Eastern counterparts like Bosnia and Herzegovina demonstrated resilience.
Looking forward, the European underwear market may see gains from digital transformations and sustainability trends. Eastern European countries, where growth remains robust, could expand their market share as they capitalize on cost advantages and increased investment. Meanwhile, sustainability initiatives could redefine production processes, enhancing competitiveness across established and emerging players.
Top countries in Sold Production of Underwear by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,337,800,000 | 2023 | -2.19% | +0.0052% | View data |
| 2 | 2 Portugal | 1,199,700,000 | 2023 | +6.55% | -0.069% | View data |
| 3 | 3 Spain | 865,730,000 | 2023 | +3.48% | -1.11% | View data |
| 4 | 4 Romania | 564,960,000 | 2023 | -1.78% | -3.5% | View data |
| 5 | 5 Bulgaria | 262,720,000 | 2023 | +2.75% | +2.51% | View data |
| 6 | 6 Poland | 219,530,000 | 2023 | +0.86% | +1.61% | View data |
| 7 | 7 Germany | 177,220,000 | 2023 | -1% | +1.01% | View data |
| 8 | 8 Serbia | 157,310,000 | 2023 | +4.69% | +5.71% | View data |
| 9 | 9 Greece | 119,340,000 | 2023 | -5.37% | -4.6% | View data |
| 10 | 10 United Kingdom | 113,500,000 | 2023 | -20.29% | -9.56% | View data |
