In 2023, Italy emerged as a leader in the European wearing apparel market with a turnover share of 43.15 million euros, despite a slight decline of 0.59%. Germany and France followed, but both experienced more substantial downturns at 0.93% and 2.95%, respectively. Portugal and Bulgaria saw growth, while Poland maintained its position with modest inflation. The UK and Romania faced declines, whereas Switzerland celebrated a notable uptick. Smaller markets such as Bosnia and Herzegovina thrived, with an impressive increase of 4.45%.
Future trends to watch include:
- Potential shifts in market leadership due to fluctuating economic conditions.
- Recovery patterns in the United Kingdom and other declining regions.
- Continued growth in emerging markets such as Portugal and Bulgaria.
- Impact of sustainability and digital transformation on turnover shares.
Top countries in Wearing Apparel Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 43.15 | 2023 | +1.01% | -0.59% | View data |
| 2 | 2 Germany | 10.38 | 2023 | +0.91% | -0.93% | View data |
| 3 | 3 France | 8.7 | 2023 | -4.39% | -2.95% | View data |
| 4 | 4 Spain | 6.24 | 2023 | +2.19% | -0.65% | View data |
| 5 | 5 Portugal | 6.01 | 2023 | +4.25% | +1.09% | View data |
| 6 | 6 Poland | 3.79 | 2023 | +1.16% | +0.75% | View data |
| 7 | 7 United Kingdom | 3.71 | 2023 | -3.68% | -2.11% | View data |
| 8 | 8 Romania | 3.03 | 2023 | +4% | -1.02% | View data |
| 9 | 9 Bulgaria | 2.17 | 2023 | +4.66% | +1.04% | View data |
| 10 | 10 Greece | 1.24 | 2023 | +4.53% | -1.85% | View data |
