From 2013 to 2023, the market for Men's and Boys' Trousers and Breeches made from man-made fibers in Germany declined significantly in value. In 2013, the market size was 239.11 million Euros, peaking in 2016 at 275.19 million Euros. However, a downward trend began, reaching 198.25 million Euros in 2023, marking a sustained downturn particularly from 2018 onwards. The last five-year compound annual growth rate (CAGR) shows a negative trend of -3.34%, indicating consistent contraction, while the year-on-year decrease from 2021 to 2023 was marginally close, around -1.5% annually.
Future trends to watch:
- Emerging consumer preferences for sustainable and eco-friendly materials might influence market dynamics.
- Technological advancements could introduce innovative materials impacting consumer choices.
- Potential economic recovery and post-pandemic trends could fuel demand upsurge.
How does Germany rank in Men's or Boys' Trousers and Breeches of Man-Made Fibres Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 231,000,000 | 2023 | -1.31% | -0.066% | View data |
| 2 | 2 Germany | 198,250,000 | 2023 | -1.54% | -3.34% | |
| 3 | 3 France | 125,360,000 | 2023 | +1.3% | +0.26% | View data |
| 4 | 4 Austria | 85,365,000 | 2023 | +3.32% | +4.96% | View data |
| 5 | 5 Spain | 68,151,000 | 2023 | -1.43% | -3.25% | View data |