In Hungary, the market for women's or girls' waistcoats, anoraks, ski-jackets, and wind-jackets has shown a fluctuating trajectory over the last decade. From 2013 to 2018, the market witnessed substantial growth, peaking in 2018 with a value of 40.367 million euros. Following this period, the market experienced a decline in 2019, 2020, and 2021. However, the market rebounded significantly by 2022, attaining a growth rate of 33.69% and further increasing by 10.12% in 2023, reaching a value of 42.593 million euros. The Compound Annual Growth Rate (CAGR) over the past five years, though positive, indicates a slowing growth trend.
Future trends to watch for include:
- Continued demand for sustainable and eco-friendly products, as consumers become more environmentally conscious.
- Advancements in fabric technology that offer enhanced functionality such as weather resistance and comfort, which could drive new market demand.
- Potential market fluctuations due to economic factors or changes in consumer discretionary spending habits.
- Influence of fashion trends and their impact on product designs and consumer preferences.
- Growth in online retailing channels that could alter traditional consumption patterns in this apparel segment.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 634,940,000 | 2023 | +2.97% | +2.47% | View data |
| 2 | 2 Germany | 527,440,000 | 2023 | -1.99% | -2.51% | View data |
| 3 | 3 Spain | 254,190,000 | 2023 | +0.17% | +1.36% | View data |
| 4 | 4 Austria | 210,280,000 | 2023 | +3.38% | +4.27% | View data |
| 5 | 5 Netherlands | 147,230,000 | 2023 | -0.33% | -0.7% | View data |
| 7 | 7 Portugal | 70,731,000 | 2023 | +4.6% | -0.32% | View data |
| 8 | 8 Greece | 44,627,000 | 2023 | +3.34% | +2.28% | View data |
| 9 | 9 Hungary | 42,593,000 | 2023 | +10.12% | +1.08% | |
| 10 | 10 Czech Republic | 39,507,000 | 2023 | +1.93% | +1.72% | View data |
| 11 | 11 Finland | 38,715,000 | 2023 | -7.4% | -7.76% | View data |
