Analysis of the Finnish underwear market from 2012 to 2022 shows a general declining trend in market size value per capita, decreasing from 91.63 Euros in 2012 to 78.87 Euros in 2022. Notably, 2020 experienced the most significant drop, likely due to the COVID-19 pandemic, with a substantial rebound in 2021. The year-on-year variation between 2021 and 2022 was approximately -0.54%. Over the past five years, the compound annual growth rate (CAGR) averages a decline, reflecting the continued decrease in market size.
In 2023, the market showed signs of steadying, with marginal growth anticipated as the sector adapts to changes in consumer behavior and increased interest in sustainable fashion. Going forward, important trends include digital transformation in retail, the influence of circular economy principles, and innovations in sustainable materials, which could stimulate moderate growth in this sector.
How does Finland rank in Underwear Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 174.31 | 2023 | View data | ||
| 2 | 2 Austria | 155.3 | 2023 | View data | ||
| 3 | 3 Netherlands | 103.63 | 2023 | View data | ||
| 4 | 4 United Kingdom | 91.37 | 2023 | View data | ||
| 5 | 5 Portugal | 87 | 2023 | View data | ||
| 6 | 6 France | 78.78 | 2023 | View data | ||
| 7 | 7 Finland | 78.46 | 2023 | |||
| 8 | 8 Croatia | 74.26 | 2023 | View data | ||
| 9 | 9 Spain | 69.87 | 2023 | View data | ||
