The market for Women's and Girls' Underwear and Nightwear, Knitted or Crocheted, in Hungary has shown substantial growth from 2013 to 2023, culminating at a market size value of 120.36 million USD in 2023. Year-on-year growth rates consistently depict positive trends, with notable peaks in 2016 at 24.38% and 2020 at 10.27%. The compound annual growth rate (CAGR) from 2019 to 2023 is 4.73%, indicating steady growth over the past five years. Despite a minor dip in 2015, the market has demonstrated resilience.
Future trends to watch for include:
- Increasing consumer preference for sustainable and eco-friendly materials in garment production.
- Potential shifts towards online retail channels, driven by technological advancements and changing consumer behavior.
- Innovations in fabric technology and design, offering comfort and multifunctionality.
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,553,400,000 | 2023 | -1.29% | -1.25% | View data |
| 2 | 2 France | 2,262,600,000 | 2023 | -1.22% | -1.42% | View data |
| 3 | 3 Germany | 2,231,000,000 | 2023 | -1.14% | -2.67% | View data |
| 4 | 4 Japan | 2,197,600,000 | 2023 | -8.47% | -8.18% | View data |
| 5 | 5 India | 1,434,800,000 | 2023 | +3.33% | +4.97% | View data |
| 20 | 20 New Zealand | 157,350,000 | 2023 | -0.2% | +0.53% | View data |
| 21 | 21 Denmark | 155,590,000 | 2023 | -4.72% | -6.42% | View data |
| 22 | 22 Hungary | 120,360,000 | 2023 | +4.87% | +4.73% | |
| 23 | 23 Finland | 120,120,000 | 2023 | -4.15% | -3.41% | View data |
| 24 | 24 Ireland | 117,120,000 | 2023 | -1.52% | -2.52% | View data |
