In 2023, household expenditure on clothing supplies in France stood at a recorded level. The forecast from 2024 to 2028 indicates a significant declining trend in expenditure values, decreasing from 334 million euros to 56.31 million euros over five years. Yearly analysis reveals a sharp year-on-year decrease; for instance, between 2024 and 2025, there is a reduction, and this trend continues consistently through 2028. The compound annual growth rate (CAGR) over the five-year period is projected to decrease annually at a substantial rate.
Future trends to watch for include:
- Consumer shifts toward digital fashion and second-hand markets.
- Impact of sustainability and ethical fashion on spending habits.
- Economic factors influencing consumer confidence and disposable income.
