Based on historical data, the market size for Men's or Boys' Shirts of Textile Fabric Not Knitted or Crocheted in Belgium showed a gradual decline from 2013 to 2023, ending at a market value of 103.03 million Euros. The compound annual growth rate (CAGR) over the last five years was -2.31%, indicating a consistent decrease in market value. The year-on-year variation showed significant swings, with notable declines in 2015, 2020, and slight increases in 2016 and 2021.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable and locally produced textiles.
- Potential growth in online retailing and direct-to-consumer sales channels.
- Impact of economic factors such as inflation and purchasing power on consumer spending.
How does Belgium rank in Men's or Boys' Shirts of Textile Fabric Not Knitted or Crocheted Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 629,110,000 | 2023 | -1.16% | -0.89% | View data |
| 2 | 2 France | 557,020,000 | 2023 | -0.62% | -0.71% | View data |
| 3 | 3 Italy | 458,090,000 | 2023 | -0.43% | -0.54% | View data |
| 4 | 4 Germany | 457,200,000 | 2023 | -1.94% | -2.93% | View data |
| 5 | 5 Spain | 257,900,000 | 2023 | -6.04% | -4.4% | View data |
| 7 | 7 Netherlands | 171,240,000 | 2023 | +1.34% | +1.75% | View data |
| 8 | 8 Austria | 162,370,000 | 2023 | -0.58% | -0.73% | View data |
| 9 | 9 Belgium | 103,030,000 | 2023 | -1.64% | -2.31% | |
| 10 | 10 Ireland | 94,527,000 | 2023 | +4.79% | +1.29% | View data |
| 11 | 11 Portugal | 89,379,000 | 2023 | -1.64% | -1.86% | View data |
