In 2023, household expenditure on clothing and footwear in Italy represented 3.3% of GDP. From 2024 through 2028, this is forecasted to decline slightly to 3.1%. Year-on-year variations indicate a stabilization, with a minor decline from 2025 onward. Over the past two years, expenditure percentages have shown consistent stability, and the compound annual growth rate (CAGR) suggests a minimal contraction in household spending in this sector over the five-year forecast period.

Future trends to watch include:

The impact of shifts in consumer preferences towards sustainability and digitalization in fashion.
Economic factors like inflation affecting disposable income and spending power.
Potential political changes influencing economic policies related to retail and import/export dynamics.