The market for Women's or Girls' Blouses, Shirts, and Shirt-Blouses made of non-knitted or crocheted textile fabric in Hungary demonstrates a steady growth trajectory from 2013 through 2023. The market value increased from 20.693 million euros in 2013 to 47.731 million euros in 2023. Notably, the market encountered a slight dip in 2020 with a year-on-year decline of 3.06%, but it quickly recovered in subsequent years.
- Over the last two years, the market displayed modest growth with year-on-year increases of 4.88% in 2022 and 4.6% in 2023.
- The CAGR from 2019 to 2023 reflects an average annual market growth of 4.23%, indicating a saturated yet resilient market.
Future trends to watch include the influence of sustainability, as consumers show growing preference for eco-friendly and ethically-produced apparel. Digitalization and e-commerce could further impact market dynamics by enhancing accessibility and broadening consumer reach.
How does Hungary rank in Women's or Girls' Blouses, Shirts and Shirt-Blouses of Textile Fabric Not Knitted or Crocheted Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,001,400,000 | 2023 | +0.32% | +1.93% | View data |
| 2 | 2 Germany | 680,450,000 | 2023 | -0.92% | -1.37% | View data |
| 3 | 3 Austria | 251,360,000 | 2023 | +2.04% | +2.47% | View data |
| 4 | 4 Sweden | 138,850,000 | 2023 | +0.74% | +0.31% | View data |
| 5 | 5 Ireland | 126,330,000 | 2023 | +1.4% | +1.23% | View data |
| 6 | 6 Finland | 48,272,000 | 2023 | +0.13% | -0.91% | View data |
| 7 | 7 Hungary | 47,731,000 | 2023 | +4.6% | +4.23% | |
| 8 | 8 Czech Republic | 46,590,000 | 2023 | +1.45% | +1% | View data |
| 9 | 9 Croatia | 35,456,000 | 2023 | +6.57% | +0.4% | View data |
