The Portuguese market for made-up clothing accessories, valued at €29.664 million in 2023, has shown a consistent decline over the past decade. Despite occasional growth periods, the market's compound annual growth rate (CAGR) over the last five years is -3.29%, highlighting a downturn. The two-year trend reflected significant contractions: -6.63% in 2022 and -7% in 2023. These declines underscore a shrinking demand for items such as handkerchiefs, shawls, and scarves.
Future trends to watch:
- Shifts in fashion preferences towards eco-friendly and sustainable fabrics.
- The potential impact of digital marketing and e-commerce on market reach and consumer accessibility.
- Emerging interest in multifunctional accessories that combine style and utility.
How does Portugal rank in Handkerchiefs, Shawls, Scarves, Veils, Ties, Cravats, Gloves and Other Made-Up Clothing Accessories Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 280,000,000 | 2023 | +1.36% | +1.06% | View data |
| 2 | 2 Germany | 196,390,000 | 2023 | -5.16% | -3.19% | View data |
| 3 | 3 Romania | 124,510,000 | 2023 | +4.84% | +4.16% | View data |
| 4 | 4 Austria | 87,848,000 | 2023 | +1.24% | +2.39% | View data |
| 5 | 5 Ireland | 37,887,000 | 2023 | +6.85% | +1.35% | View data |
| 6 | 6 Bulgaria | 34,276,000 | 2023 | -0.37% | +0.039% | View data |
| 7 | 7 Finland | 32,294,000 | 2023 | -1.16% | -2.38% | View data |
| 8 | 8 Portugal | 29,664,000 | 2023 | -7% | -3.29% | |
| 9 | 9 Croatia | 17,103,000 | 2023 | -1.5% | -3.08% | View data |
| 10 | 10 Lithuania | 9,233,400 | 2023 | +5.24% | +3.35% | View data |
