The underwear market in Ireland has experienced consistent growth from 2013 to 2023, reaching a market value of 878.43 million Euros in 2023. The year-on-year growth has generally been positive, with notable increases in 2014, 2020, and 2021. Over the last five years, the Compound Annual Growth Rate (CAGR) was recorded at 4.47%. Looking at the sequence, a slight decline was only noted in 2016, followed by a steady upward trajectory.
Future trends to watch for include:
- Growing demand for sustainable and ethically produced underwear as consumers become more environmentally conscious.
- The impact of e-commerce growth on market dynamics and consumer purchasing behavior.
- Potential innovation in materials and technology, offering more comfort and performance features.
How does Ireland rank in Underwear Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 6,208,700,000 | 2023 | -0.042% | +0.79% | View data |
| 2 | 2 France | 5,600,400,000 | 2023 | +5.54% | +1.8% | View data |
| 3 | 3 Germany | 5,596,300,000 | 2023 | +1.71% | -1.11% | View data |
| 4 | 4 Spain | 3,301,500,000 | 2023 | -0.71% | -0.33% | View data |
| 5 | 5 Italy | 2,007,000,000 | 2023 | -3.1% | -3.2% | View data |
| 9 | 9 Romania | 1,001,800,000 | 2023 | +7.68% | +4.59% | View data |
| 10 | 10 Portugal | 891,640,000 | 2023 | +2.62% | +3.04% | View data |
| 11 | 11 Ireland | 878,430,000 | 2023 | +2.11% | +4.47% | |
| 12 | 12 Greece | 612,050,000 | 2023 | +2.62% | -0.9% | View data |
| 13 | 13 Sweden | 599,430,000 | 2023 | -7.82% | -6.52% | View data |
