The Swedish underwear market experienced fluctuating trends over the past decade. From 2012 to 2016, the market exhibited periods of steady growth, with a notable increase in value during 2015, driven by a year-on-year variation of 4.62%. The market reached its peak in 2016 at 898.15 million euros. However, from 2017 onwards, the market faced a decline, with significant dips in 2020 and 2021, correlating to a declining CAGR and year-on-year variations. The market value slightly recovered in 2022 with a 1.84% year-on-year increase.
Future trends to watch for in the Swedish underwear market include the rising demand for sustainable and eco-friendly products. Additionally, the influence of e-commerce and advancements in textile technology could play significant roles in shaping the market dynamics moving forward. Monitoring these trends could offer strategic insights and opportunities for market growth.
How does Sweden rank in Underwear Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 6,208,700,000 | 2023 | -0.042% | +0.79% | View data |
| 2 | 2 France | 5,600,400,000 | 2023 | +5.54% | +1.8% | View data |
| 3 | 3 Germany | 5,596,300,000 | 2023 | +1.71% | -1.11% | View data |
| 4 | 4 Spain | 3,301,500,000 | 2023 | -0.71% | -0.33% | View data |
| 5 | 5 Italy | 2,007,000,000 | 2023 | -3.1% | -3.2% | View data |
| 11 | 11 Ireland | 878,430,000 | 2023 | +2.11% | +4.47% | View data |
| 12 | 12 Greece | 612,050,000 | 2023 | +2.62% | -0.9% | View data |
| 13 | 13 Sweden | 599,430,000 | 2023 | -7.82% | -6.52% | |
| 14 | 14 Finland | 436,800,000 | 2023 | -0.33% | +0.37% | View data |
| 15 | 15 Czech Republic | 375,760,000 | 2023 | +2.85% | +2.71% | View data |