The Romanian market for men's or boys' underpants and briefs of knitted or crocheted textiles has experienced a declining trend from 2013 to 2023, standing at 11.171 million units in 2023. The market saw a noticeable drop from 2013 to 2016, followed by fluctuating changes with occasional rebounds. However, the past two years have shown significant contractions, with 2022 seeing a decrease of 17.91% and 2023 by 6.4%. The five-year CAGR was found to be -6.72%, indicating consistent long-term decline.
Future trends to watch for include:
- Potential market stabilization as consumer preferences and economic conditions evolve.
- Influence of regional and international brands expanding their presence in Romania.
- Impact of e-commerce growth in improving market accessibility and variety for consumers.
- Rising consumer interest in sustainable and eco-friendly materials influencing product offerings.