The sold production of underwear in Germany has exhibited a consistent downward trend from 2013 to 2023, with volume decreasing from 27.891 million items in 2013 to 18.209 million items in 2023. The year-on-year variations reveal significant drops particularly in 2014, 2015, 2017, and 2018, with the latter experiencing the steepest decline at -14.77%. Despite a few upticks in 2016 and 2019, the overall trend remains negative. The average annual decrease (CAGR) over the last five years stands at -0.69%.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continued decline. The volume is expected to drop to 13.939 million items by 2028. The forecasted five-year CAGR is an estimated -4.27%, with a total reduction of -19.6% from 2023 to 2028.
Future trends to watch for include potential market saturation, changes in consumer preferences, advances in textile technology, and shifts towards more sustainable practices within the industry which could potentially reshape market dynamics.
