The Romanian underwear market has exhibited a fluctuating but positive growth trend from 2012 to 2022, with market size increasing from 476 million euros in 2012 to 733.11 million euros in 2022. Despite some dips, such as in 2018 and 2020, which both saw negative year-on-year growth, the overall market maintained resilience, underscored by a robust 11.5% growth in 2014 and 23.06% in 2015. Over the last five years, the market faced challenges with a negative compound annual growth rate, reflecting market saturation and economic conditions, culminating in a slight recovery in 2022.
In 2023, the market is expected to exhibit marginal growth within the previous trends. Looking forward, potential future trends to watch for include:
- Increasing demand for sustainable and eco-friendly materials.
- The influence of e-commerce and digital marketing strategies.
- Shifts towards more personalized and customized products.
- Challenges related to rising production costs and economic uncertainty.
How does Romania 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 |
| 7 | 7 Austria | 1,435,400,000 | 2023 | +4.41% | +1.36% | View data |
| 8 | 8 Poland | 1,117,100,000 | 2023 | +3.01% | +2.1% | View data |
| 9 | 9 Romania | 1,001,800,000 | 2023 | +7.68% | +4.59% | |
| 10 | 10 Portugal | 891,640,000 | 2023 | +2.62% | +3.04% | View data |
| 11 | 11 Ireland | 878,430,000 | 2023 | +2.11% | +4.47% | View data |