The production of underwear in Poland from 2013 to 2023 has shown significant fluctuations, beginning with a slight decline in 2013 and exhibiting a general downward trend thereafter. Production peaked in 2017 before displaying a considerable drop, notably steep from 2020 onwards. In 2023, production stood at 19.222 million items, reflecting a 7.05% year-on-year decline and a -6.17% CAGR over the past five years.
Forecasts indicate a continuous decline in production, with a forecasted 5-year CAGR of -8.02% and an overall -34.15% drop by 2028. Production is expected to decrease from 19.222 million items in 2023 to 11.603 million items in 2028.
Future trends to watch for include:
- Rising costs of raw materials and production
- Impact of sustainability trends on manufacturing practices
- Shifts in consumer preferences towards more sustainable and locally-produced items
- Influence of global market dynamics and potential economic recessions on demand