Portugal leads the European sold production of underwear with 183.75 million items in 2024, despite a minor decline of -0.66% from 2023. Slovakia shows robust growth with a 4.01% rise, reaching 139.59 million items. Italy and Spain, traditionally strong markets, have seen declines of -11.19% and -1.06%, respectively. Bosnia and Herzegovina reported the highest surge at 14.02%. In contrast, significant declines were reported in Hungary (-15.25%) and United Kingdom (-26.41%). Some smaller markets like Finland, Montenegro have minimal production levels, below 1 million items each.
Future trends to watch include a potential recovery in traditional markets like Italy and Spain, possibly driven by innovation and quality improvements. The continued growth in Eastern European countries like Slovakia suggests a shifting focus due to lower production costs. Monitoring geopolitical developments and their impact on production capacity and logistics will be crucial for understanding shifts in the market landscape.
Top countries in Sold Production of Underwear by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 183,750,000 | 2023 | +7.23% | -0.66% | View data |
| 2 | 2 Slovakia | 139,590,000 | 2023 | +3.71% | +4.01% | View data |
| 3 | 3 Spain | 114,330,000 | 2023 | +2.3% | -1.06% | View data |
| 4 | 4 Italy | 101,990,000 | 2023 | -8.05% | -11.19% | View data |
| 5 | 5 Romania | 74,511,000 | 2023 | -8.59% | -8.36% | View data |
| 6 | 6 Bosnia and Herzegovina | 55,836,000 | 2023 | +4.39% | +14.02% | View data |
| 7 | 7 Serbia | 54,200,000 | 2023 | +4.42% | +2.78% | View data |
| 8 | 8 Bulgaria | 47,401,000 | 2023 | +1.23% | +1.85% | View data |
| 9 | 9 Poland | 19,222,000 | 2023 | -7.05% | -6.17% | View data |
| 10 | 10 Macedonia | 18,786,000 | 2023 | -5.41% | -7.86% | View data |
