The Austrian underwear market exhibited fluctuating growth from 2012 to 2022, peaking in 2017 with a value of 199.61 million. From a high in 2017, the market saw a decline, stabilizing around 162 million by 2022. The Compounded Annual Growth Rate (CAGR) over the last five years was -4.08%, indicating a consistent downward trend.
Recent trends show:
- 2018: Year-on-year variation of -11.45%
- 2019: Year-on-year variation of -7.69%
- 2020: Year-on-year variation of -0.2%
- 2021: Year-on-year variation of -0.2%
- 2022: Year-on-year variation of -0.27%
In 2023, the market continued to stabilize around 162 million.
Future trends to watch for include the potential impact of sustainability and eco-friendly products, innovations in comfort and materials, and the influence of online sales growth on the overall market. Monitoring these factors will be crucial for understanding market dynamics moving forward.
