Based on 2023 data, Germany leads European household expenditure on clothing with €60.05 billion, followed by Italy at €55.36 billion. France and Spain show moderate expenditures of €35.78 billion and €20.96 billion, respectively. The Netherlands reports a notable €17.32 billion. Smaller economies such as Lithuania (€1.35 billion) and Latvia (€0.95878 billion) exhibit minimal spending. Over the last two years, Germany and Spain experienced slight declines by -0.62% and -1.43%. In contrast, Ireland and Latvia saw significant increases, with rates of 6.91% and 7.86% respectively. CAGR over the last five years suggests stable yet moderate growth, notably higher in Slovakia and Slovenia.
Future trends indicate potential increases in expenditure in economically rising countries and possibly declines in traditionally strong markets due to market saturation and changing consumer behaviors. Growing e-commerce penetration and sustainability considerations are likely to shape spending patterns significantly. Monitoring these factors will be crucial to anticipating shifts in household expenditure on clothing across Europe.
Top countries in Household Expenditure on Clothing by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 60,050 | 2023 | -5.91% | -0.62% | View data |
| 2 | 2 Italy | 55,360 | 2023 | +1.45% | +0.52% | View data |
| 3 | 3 France | 35,780 | 2023 | +0.36% | +0.034% | View data |
| 4 | 4 Spain | 20,960 | 2023 | +0.9% | -1.43% | View data |
| 5 | 5 Netherlands | 17,320 | 2023 | +1.8% | +3.81% | View data |
| 6 | 6 Belgium | 9,210 | 2023 | -2.94% | +0.52% | View data |
| 7 | 7 Austria | 8,910 | 2023 | -4.01% | -0.63% | View data |
| 8 | 8 Ireland | 4,450 | 2023 | +2.34% | +6.91% | View data |
| 9 | 9 Finland | 4,120 | 2023 | +1.08% | -0.049% | View data |
| 10 | 10 Greece | 3,850 | 2023 | -0.7% | -1.08% | View data |
