In 2023, the underwear production value in Germany stood at 783.0 million Euros. Forecasted data from 2024 to 2028 indicates a consistent year-on-year decline in production value. Specifically, the values are projected to drop from 756.0 million Euros in 2024 to 653.6 million Euros by 2028, representing an annual decline rate of approximately 3.5%.
Future trends to watch for include:
• Shifts in consumer preferences towards sustainable and eco-friendly products.
• Developments in textile technology that could impact production costs and efficiency.
• Potential economic factors, such as changes in labor costs or raw material prices, influencing overall production value.
