The Hungarian market for women's and girls' cotton jerseys, pullovers, sweatshirts, waistcoats, and cardigans showed consistent growth from 2013 to 2023, reaching a market size of 33.926 million euros in 2023. While the year-on-year growth displayed fluctuations, the five-year CAGR from 2018 to 2023 was moderately positive at 1.85%. Notably, the market endured a downturn in 2020 but rebounded steadily in the subsequent years, demonstrating resilience.
Future trends to watch for include:
- Potential impact of sustainable fashion initiatives on market preference for cotton garments.
- Technological advancements in textile production, possibly enhancing product quality and appeal.
- Influence of economic factors on consumer spending within the apparel sector.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 813,150,000 | 2023 | +0.7% | +0.82% | View data |
| 2 | 2 France | 511,620,000 | 2023 | -1.14% | -0.77% | View data |
| 3 | 3 United Kingdom | 432,330,000 | 2023 | -1.49% | -1.5% | View data |
| 4 | 4 Austria | 133,240,000 | 2023 | -1.37% | -2.33% | View data |
| 5 | 5 Sweden | 106,280,000 | 2023 | +1.48% | +1.17% | View data |
| 8 | 8 Finland | 41,797,000 | 2023 | -1.64% | -1.9% | View data |
| 9 | 9 Greece | 35,971,000 | 2023 | +1.36% | +3.1% | View data |
| 10 | 10 Hungary | 33,926,000 | 2023 | +5.04% | +1.85% | |
| 11 | 11 Slovenia | 18,595,000 | 2023 | +2.59% | +1.26% | View data |
| 12 | 12 Estonia | 7,143,000 | 2023 | +3.88% | +4.66% | View data |