The Irish market for Men's and Boys' textile vests, underpants, and other related garments experienced fluctuating dynamics from 2013 to 2023, characterized by a peak in 2017 at €11.469 million, followed by a decline to €7.653 million in 2023. Year-on-year analysis reflects a fall in values by 22.32% in 2019 and subsequent smaller annual declines, with slight annual growth resuming in 2022. The compound annual growth rate (CAGR) over the last five years has been a negative 6.92%, underscoring the market's recent contraction.
Future trends to watch include potential recovery or stabilization, influenced by sustainability concerns, shifts in consumer preferences towards comfort and leisurewear, and the economic environment's impact on consumer purchasing power.
How does Ireland rank in Men's or Boys' Singles and Other Vests, Underpants, Briefs, Nightshirts, Pyjamas, Bathrobes, Dressing Gowns of Textile Fabric Not Knitted or Crocheted Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 76,498,000 | 2023 | +0.36% | -0.57% | View data |
| 2 | 2 Germany | 72,615,000 | 2023 | +0.91% | +1.51% | View data |
| 3 | 3 France | 50,999,000 | 2023 | +0.015% | -1.88% | View data |
| 4 | 4 Spain | 40,310,000 | 2023 | -0.92% | -1.21% | View data |
| 5 | 5 Austria | 12,091,000 | 2023 | +2% | +0.014% | View data |
| 6 | 6 Ireland | 7,653,300 | 2023 | +1.28% | -6.92% | |
| 7 | 7 Finland | 4,665,000 | 2023 | +2.51% | -1.45% | View data |
| 8 | 8 Croatia | 1,337,400 | 2023 | -8.35% | -6.74% | View data |
