Italy continues to hold the dominant share of underwear enterprises in Europe in 2024, though it experienced a significant decline of -11.91% in 2023. Poland follows with a slight increase in enterprises, indicating resilience. Bulgaria, Portugal, and Greece faced notable reductions, with Greece experiencing the steepest drop of 20.24%. The Netherlands showed promising growth, suggesting potential market expansion. In contrast, established markets like France, Germany, and the UK saw declines, highlighting a possible market saturation or competitive pressures.
Future trends to watch for include the potential shift in enterprise distribution as countries like the Netherlands and Norway exhibit growth, and the impact of economic conditions on traditional markets such as Italy and Greece. Continued growth in emerging markets might alter the competitive landscape.
Top countries in Underwear Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.44 | 2023 | -15.44% | -11.91% | View data |
| 2 | 2 Poland | 15.24 | 2023 | +1.1% | +0.093% | View data |
| 3 | 3 Bulgaria | 11.99 | 2023 | -2.49% | -2.94% | View data |
| 4 | 4 Portugal | 6.17 | 2023 | -2.6% | -4.04% | View data |
| 5 | 5 Czech Republic | 5.86 | 2023 | -3.11% | -3.74% | View data |
| 6 | 6 Romania | 5.65 | 2023 | -0.41% | -0.89% | View data |
| 7 | 7 Spain | 5.28 | 2023 | -0.44% | -3.45% | View data |
| 8 | 8 France | 4.05 | 2023 | -3.93% | -5.09% | View data |
| 9 | 9 Germany | 3.25 | 2023 | -2.13% | -0.85% | View data |
| 10 | 10 United Kingdom | 3.01 | 2023 | -2.29% | -2.33% | View data |
