The Latvian market for men's or boys' underpants and briefs made of knitted or crocheted textiles saw a steady growth from 2013 to 2023, reaching a market size value of €3.01 per capita in 2023. The year-on-year growth from 2022 to 2023 was approximately 5.24%, and the average annual growth rate (CAGR) over the last five years was around 10.35%. These figures reflect a robust upward trend in consumer spending or demand in this segment.
Future trends to watch include:
- Potential impacts of economic conditions on discretionary spending.
- Shifts towards sustainable materials affecting market dynamics.
- Changes in consumer preferences for comfort-driven versus style-driven purchases.
How does Latvia rank in Men's or Boys' Underpants and Briefs of Knitted or Crocheted Textiles Market Size Value Per Capita?
| # | 11 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 6.75 | 2023 | View data | ||
| 2 | 2 Finland | 6.66 | 2023 | View data | ||
| 3 | 3 Slovenia | 4.36 | 2023 | View data | ||
| 4 | 4 United Kingdom | 4.24 | 2023 | View data | ||
| 5 | 5 Germany | 4.1 | 2023 | View data | ||
| 7 | 7 Sweden | 3.61 | 2023 | View data | ||
| 8 | 8 Spain | 3.36 | 2023 | View data | ||
| 9 | 9 Latvia | 3.01 | 2023 | |||
| 10 | 10 Greece | 2.56 | 2023 | View data | ||
| 11 | 11 Estonia | 1.46 | 2023 | View data | ||
