The UK's market for men's and boys' non-knitted textile garments, such as vests and sleepwear, had fluctuations from 2013 to 2023. Despite growth until 2016, it experienced a significant dip in 2017 and 2020. The market showed recovery since 2021, but with modest gains, culminating in 2023's value of 76.498 million euros. Notably, the last two years saw modest year-on-year increases of around 0.37% and 0.36%. While the five-year Compound Annual Growth Rate (CAGR) remains slightly negative at -0.57%, revealing the market's volatile but recovering nature.
Future trends to watch for:
- Consumer preferences shifting towards sustainable and ethical materials.
- Digitalization of sales channels, potentially influencing purchase patterns.
- The impact of economic conditions on discretionary spending.
How does the United Kingdom 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% | |
| 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 |