The underwear market size in Germany showed a fluctuating trend from 2013 to 2023, with the market valued at 1.4913 billion euros in 2023. Notable declines occurred in 2017 (-1.15%), 2019 (-6.39%), and 2020 (-8.42%), likely influenced by macroeconomic factors and changing consumer behaviors. However, there were periods of modest recovery, culminating in slight growth in 2022 (1.48%) and 2023 (1.45%). The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was -1.89%, indicating an overall slight decline in market volume.
Looking ahead, the forecast from 2024 to 2028 suggests a steady recovery and growth in the underwear market size, with an expected CAGR of 1.07%. By 2028, the market might achieve a growth rate of 5.45% compared to the 2023 value, signaling positive momentum for the industry. Key trends to watch for include shifts in consumer purchasing preferences, the impact of sustainability trends, and technological advancements in textile manufacturing.
