Between 2013 and 2023, the men's and boys' underpants and briefs market in Spain saw a general upward trend, achieving a market size value of 158.49 million euros in 2023. Noteworthy shifts include a significant dip in 2020 followed by sharp growth of 21.89% in 2021. The average annual growth rate (CAGR) over the past five years stood at 1.73%, indicating moderate market stability and recovery post-2020.
Future trends to watch for:
- Continued influence of sustainable and eco-friendly materials in product offerings.
- A potential shift towards increased online sales channels following digital trends.
- Adaptation to fluctuating consumer preferences and economic conditions impacting purchasing power.
How does Spain rank in Men's or Boys' Underpants and Briefs of Knitted or Crocheted Textiles Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 373,630,000 | 2023 | +3.41% | +0.55% | View data |
| 2 | 2 France | 294,390,000 | 2023 | +2.66% | +2.11% | View data |
| 3 | 3 United Kingdom | 286,760,000 | 2023 | +1.6% | +2.87% | View data |
| 4 | 4 Spain | 158,490,000 | 2023 | +1.09% | +1.73% | |
| 5 | 5 Austria | 60,800,000 | 2023 | +2.19% | +3.53% | View data |
| 6 | 6 Finland | 36,737,000 | 2023 | +3.61% | +1.36% | View data |