Portugal leads the European underwear production market with 19.82%, while Slovakia follows at 15.06%. Spain and Italy also hold significant shares at 12.34% and 11% respectively. Countries like Romania, Bosnia and Herzegovina, and Serbia show strong production numbers. However, notable declines are observed in traditionally strong markets such as Italy (-11.19%) and Greece (-12.43%). Eastern European countries like Bosnia and Herzegovina are experiencing growth with a 14.02% rise. The United Kingdom showed a significant decrease of 26.41%.
Future trends to watch include expanding production capacity in Eastern European countries, as they are poised for growth, potentially altering the production landscape. Continual declines in Western Europe may necessitate structural changes and innovation to regain market share.
Top countries in Sold Production of Underwear Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 19.82 | 2023 | +7.23% | -0.66% | View data |
| 2 | 2 Slovakia | 15.06 | 2023 | +3.71% | +4.01% | View data |
| 3 | 3 Spain | 12.34 | 2023 | +2.3% | -1.06% | View data |
| 4 | 4 Italy | 11 | 2023 | -8.05% | -11.19% | View data |
| 5 | 5 Romania | 8.04 | 2023 | -8.59% | -8.36% | View data |
| 6 | 6 Bosnia and Herzegovina | 6.02 | 2023 | +4.39% | +14.02% | View data |
| 7 | 7 Serbia | 5.85 | 2023 | +4.42% | +2.78% | View data |
| 8 | 8 Bulgaria | 5.11 | 2023 | +1.23% | +1.85% | View data |
| 9 | 9 Poland | 2.07 | 2023 | -7.05% | -6.17% | View data |
| 10 | 10 Macedonia | 2.03 | 2023 | -5.41% | -7.86% | View data |