The wearing apparel turnover in France stood at €6.09 billion in 2023. Forecasts for the years 2024 to 2028 show a consistent decline: €5.53 billion in 2024, €4.97 billion in 2025, €4.41 billion in 2026, €3.85 billion in 2027, and €3.3 billion in 2028. Year-on-year variations show percentage decreases of approximately -10% from 2024 to 2025, -11% from 2025 to 2026, -13% from 2026 to 2027, and -14% from 2027 to 2028. The compound annual growth rate over the five-year period reflects an average yearly decline of about -13%.
Future trends to watch for include shifts in consumer behavior toward sustainable fashion, increasing competition from online retailers, and economic factors that may further impact discretionary spending on apparel. Monitoring technological advancements in retail and changes in regulatory policies pertaining to the fashion industry will also be crucial in understanding future market dynamics.
