Forecast: Household Expenditure on Clothing in Germany

As of 2024, Germany's household expenditure on clothing has been forecasted to gradually decrease over the next five years, from 63.13 billion Euros in 2024 to 61.88 billion Euros in 2028. Compared to the actual expenditure in 2023, there is a projected downward trend. The year-on-year decline is approximately 0.5%, resulting in a cumulative average growth rate (CAGR) of about -0.4% annually over this period.

Future trends to watch for:

  • The impact of evolving consumer preferences towards sustainable and ethical clothing on overall expenditure.
  • The role of e-commerce and online shopping in shaping spending habits.
  • Price fluctuations driven by changes in supply chain dynamics and raw material costs.

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