The household expenditure on clothing and footwear in Türkiye is projected to experience a steady increase from 39.02 billion Euros in 2024 to 41.8 billion Euros in 2028. Compared to the actual expenditure in 2023, this indicates a consistent growth in consumer spending in this category.
Year-on-year variations reveal a gradual increase: 2024 to 2025 (+1.82%), 2025 to 2026 (+1.76%), 2026 to 2027 (+1.70%), and 2027 to 2028 (+1.65%). The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 1.73%, demonstrating a modest but steady upward trend.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and ethical fashion, the impact of economic policies on disposable income, and the growing influence of e-commerce and fast fashion on purchasing behaviors.
