The underwear market in Portugal witnessed significant fluctuations over the past years, with an initial growth period from 2012 to 2017, including notable increases in 2014 and 2015. The years post-2017 showed moderate growth, interrupted by a sharp decline in 2020, likely due to external economic pressures. Recovery was swift, marked by a strong rebound in 2021. The market size reached its peak in 2022 with marginal growth. In the past five years, the market showed an overall annual growth rate, although with considerable variability.
Future trends to watch for include:
- The impact of sustainability and eco-friendly products on consumer preferences.
- Technological innovations in fabric and design offering new functional benefits.
- Potential shifts in consumer behavior post-pandemic, including a preference for comfort.
- The influence of e-commerce as a driving force for retail growth.
How does Portugal rank in Underwear Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 6,208,700,000 | 2023 | -0.042% | +0.79% | View data |
| 2 | 2 France | 5,600,400,000 | 2023 | +5.54% | +1.8% | View data |
| 3 | 3 Germany | 5,596,300,000 | 2023 | +1.71% | -1.11% | View data |
| 4 | 4 Spain | 3,301,500,000 | 2023 | -0.71% | -0.33% | View data |
| 5 | 5 Italy | 2,007,000,000 | 2023 | -3.1% | -3.2% | View data |
| 8 | 8 Poland | 1,117,100,000 | 2023 | +3.01% | +2.1% | View data |
| 9 | 9 Romania | 1,001,800,000 | 2023 | +7.68% | +4.59% | View data |
| 10 | 10 Portugal | 891,640,000 | 2023 | +2.62% | +3.04% | |
| 11 | 11 Ireland | 878,430,000 | 2023 | +2.11% | +4.47% | View data |
| 12 | 12 Greece | 612,050,000 | 2023 | +2.62% | -0.9% | View data |
