In 2023, Italy dominated the European market for men's or boys' underpants and briefs of textile fabric not knitted or crocheted, holding 57.8% of the share. Despite this, Italy faced a notable decline of 13.06% in year-on-year production. Portugal, with an 18.67% share, witnessed a slight decrease of 2.02%, while Greece increased by 0.69% to hold 6.86%. Notably, Serbia saw a 6.02% increase, capturing 4.83% of the market. Romania's production dropped by 5.36%, and Spain experienced a significant decrease of 9.51%. Conversely, Lithuania's value increased by 7.74%, although its market share remained low at 0.52%.
Future trends to watch include a potential rebound in Italy's production if strategic investments in technology and sustainability are made. Additionally, Portugal and Greece could leverage their position to capture further market share by focusing on competitive pricing and quality. Emerging markets like Serbia and Lithuania may continue to grow as they focus on improving production efficiency and expanding distribution networks across Europe.
Top countries in Sold Production of Men's or Boys' Underpants and Briefs of Textile Fabric Not Knitted or Crocheted Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.8 | 2023 | -2.97% | -13.06% | View data |
| 2 | 2 Portugal | 18.67 | 2023 | +12.42% | -2.02% | View data |
| 3 | 3 Greece | 6.86 | 2023 | +5.97% | +0.69% | View data |
| 4 | 4 Serbia | 4.83 | 2023 | +4.23% | +6.02% | View data |
| 5 | 5 Romania | 3.15 | 2023 | -6.84% | -5.36% | View data |
| 6 | 6 Bosnia and Herzegovina | 2.69 | 2023 | -2.57% | -2.95% | View data |
| 7 | 7 Spain | 1.61 | 2023 | -19.35% | -9.51% | View data |
| 8 | 8 Estonia | 0.78 | 2023 | +18.93% | -6.04% | View data |
| 9 | 9 Lithuania | 0.52 | 2023 | +4.3% | +7.74% | View data |
