Forecast: Turnover in Wearing Apparel Except Fur Sector in Italy

In 2023, the wearing apparel sector (excluding fur) in Italy recorded true revenues. For 2024, forecasted turnover stands at 24.99 billion euros, expected to slightly decline over the years to 23.63 billion euros in 2028. The forecast shows a decreasing trend with annual decreases ranging consistently from approximately 1.4% to 1.6% over each year. The projected Compound Annual Growth Rate (CAGR) from 2024 to 2028 indicates a modest decline, reflecting a steady but manageable contraction in the market size.

Future trends to watch for include:

  • An increased focus on sustainable and eco-friendly fashion, potentially reshaping consumer preferences.
  • The potential impact of digital transformation and e-commerce on traditional retail channels.
  • Shifts in consumer behavior due to economic changes and demographic factors.

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