In 2023, France led European underwear production value at 1.64 billion euros, with Italy and Germany following. Notable reductions were seen in France and Italy, 3.16% and 9.66% respectively, while Bulgaria, Poland, and Spain experienced slight growth. Sweden bucked trends with a 3.9% increase. The United Kingdom faced a 7.51% decline, and Austria a significant 11.11% contraction. Over the last five years, market conditions fluctuated, with growth concentrated in Eastern Europe.
Looking ahead, watch for Eastern Europe's continued expansion due to competitive production costs. Sustainability trends and digitalization in supply chains may reshape the competitive landscape. Innovation in materials and consumer preferences could drive further shifts in production value distribution across countries.
Top countries in Underwear Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,640 | 2023 | +10.65% | -3.16% | View data |
| 2 | 2 Italy | 826.6 | 2023 | -9.39% | -9.66% | View data |
| 3 | 3 Germany | 792.5 | 2023 | +2.09% | -1.23% | View data |
| 4 | 4 Portugal | 371.8 | 2023 | +2.65% | +0.18% | View data |
| 5 | 5 Bulgaria | 315.4 | 2023 | +0.32% | +1.28% | View data |
| 6 | 6 Romania | 277.8 | 2023 | +5.79% | -0.46% | View data |
| 7 | 7 Poland | 217.3 | 2023 | +1.21% | +0.55% | View data |
| 8 | 8 Spain | 195 | 2023 | +2.47% | +0.26% | View data |
| 9 | 9 Sweden | 155.5 | 2023 | +12.11% | +3.9% | View data |
| 10 | 10 Greece | 104.4 | 2023 | +0.38% | -2.29% | View data |
