The men's and boy's knitted or crocheted textile segment in Germany showed a stable per capita volume from 2013 to 2023, reaching 0.25 s Per Capita in 2023. While the market witnessed incremental growth from 2013 to 2019, reaching a peak at 0.28 in 2018, there was a slight decline and stabilization from 2020 to 2023. Over the past two years, the volume has remained constant, showing no significant year-on-year variation.
The Compound Annual Growth Rate (CAGR) over the last five years stands at -1.1%, indicating a slight downward trend.
- Future trends to watch include potential market drivers such as consumer interest in sustainable and multifunctional clothing.
- Economic recovery post-COVID might also stimulate demand, yet shifts towards casual and athleisure wear could challenge formalwear segments.
