The market for men's and boys' underpants and briefs made from knitted or crocheted textiles in Latvia stood at 5.5612 million euros in 2023. The market demonstrated a stable growth trend over the past decade, with notable increases particularly after 2018. The year 2022 saw a modest growth rate of 4.62%, slowing slightly to 4.38% in 2023. Over the last five years, the market's compound annual growth rate (CAGR) was 9.7%, signifying robust expansion.
Future trends to watch for include:
- Sustainability-driven buying behavior.
- Technological advancements in textile manufacturing.
- Increasing demand for performance-focused undergarments.
How does Latvia rank in Men's or Boys' Underpants and Briefs of Knitted or Crocheted Textiles Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 373,630,000 | 2023 | +3.41% | +0.55% | View data |
| 2 | 2 France | 294,390,000 | 2023 | +2.66% | +2.11% | View data |
| 3 | 3 United Kingdom | 286,760,000 | 2023 | +1.6% | +2.87% | View data |
| 4 | 4 Spain | 158,490,000 | 2023 | +1.09% | +1.73% | View data |
| 5 | 5 Austria | 60,800,000 | 2023 | +2.19% | +3.53% | View data |
| 8 | 8 Greece | 26,790,000 | 2023 | +1.85% | +4.07% | View data |
| 9 | 9 Slovenia | 9,243,500 | 2023 | +2.12% | +2.23% | View data |
| 10 | 10 Latvia | 5,561,200 | 2023 | +4.38% | +9.7% | |
| 11 | 11 Estonia | 1,896,400 | 2023 | -0.93% | +0.99% | View data |
