The market size for tracksuits, ski suits, swimwear, and other garments of knitted or crocheted textiles in Germany in 2023 stood at 30.087 million in value. Over the past decade, the market has experienced fluctuations, with notable declines in 2018 and a significant dip in 2020, followed by a recovery in subsequent years. The year-on-year growth rate in 2023 was 0.19%, matching the previous year, with a five-year CAGR of 0.9%, indicating a slow recovery trajectory after the 2020 pandemic-induced slump.
Future trends to watch for include:
- Sustainability and eco-friendly materials gaining more importance as consumers become increasingly environmentally conscious.
- Growth in the athleisure segment driven by lifestyle changes favoring comfort and functionality.
- Impact of digital transformation and e-commerce on purchasing behaviors and market reach.