In 2023, the German market volume for men's or boys' shirts made of textile fabric, not knitted or crocheted, stood at 61.382 million. Over the past decade, the market has shown volatility, with a notable decline after 2015, culminating in a significant drop in 2020. Recovery attempts followed, with 2021 witnessing a 17.78% increase, yet recent years have seen a downward trend, including a 2.25% decrease in both 2022 and 2023. The five-year CAGR was -2.37%, reflecting a challenging market environment.
Future trends to watch for:
- Shift in consumer preferences towards eco-friendly and sustainable fabrics.
- Potential increase in domestic production influenced by global supply chain disruptions.
- Technological advancements in textile fabrication could improve market dynamics.