The European Underwear sector in 2023 showed mixed employment trends across countries. Romania led with 12.68k employed, despite a decrease of 4.33%. Bulgaria, Portugal, and France followed, with Bulgaria experiencing an 8.18% decline, while Portugal saw a slight employment increase. Italy and Hungary faced significant drops at 14.67% and 13.42% respectively. Notably, Sweden's employment rose by 8.5%, defying a common declining trend in larger economies. Over five years, the sector's Compound Annual Growth Rate (CAGR) indicates varying levels of contraction and growth, with macroeconomic factors heavily influencing these patterns.
Looking ahead, the industry faces potential disruptions from increased automation, sustainability demands, and shifting consumer preferences. As these factors evolve, they may reshape employment dynamics, especially in labor-intensive markets as firms adapt by either cutting or investing in skilled labor to align with new production methodologies.
Top countries in Underwear Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 12,680 | 2023 | -3.25% | -4.33% | View data |
| 2 | 2 Bulgaria | 10,660 | 2023 | -9.13% | -8.18% | View data |
| 3 | 3 Portugal | 8,660 | 2023 | +2.63% | +0.68% | View data |
| 4 | 4 France | 8,410 | 2023 | -0.13% | -6.21% | View data |
| 5 | 5 Poland | 6,960 | 2023 | -0.5% | -3.28% | View data |
| 6 | 6 Italy | 6,000 | 2023 | -20.43% | -14.67% | View data |
| 7 | 7 Germany | 4,420 | 2023 | -6.06% | -4.97% | View data |
| 8 | 8 Serbia | 4,250 | 2023 | +0.52% | +0.67% | View data |
| 9 | 9 Bosnia and Herzegovina | 3,410 | 2023 | +5.83% | +5.75% | View data |
| 10 | 10 Czech Republic | 2,540 | 2023 | -2.3% | -2.97% | View data |
