The European Repair and Hire of Clothing sector has experienced varied changes across different countries over recent years, with 2024 values indicating diverse inflationary pressures. Lithuania, Poland, Slovakia, and Hungary show the highest levels of HICP, reflecting significant demand or cost impacts. Year-on-year changes highlight Poland, Luxembourg, and Lithuania among those with notable increases, while many countries demonstrate static or minimal variation such as Slovakia and Estonia. Germany, France, and Italy, with lower increases, suggest more stable markets.
Future trends to monitor include:
- Impact of sustainability-driven consumer behavior on repairing and hiring clothing.
- Potential economic slowdown effects on discretionary spending.
- Digital advancements in clothing repair sectors could redefine cost structures.
- Social and policy shifts towards sustainable fashion impacting this sector.
Top countries in Repair and Hire of Clothing HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 158.32 | 2022 | +17.22% | +7.11% | View data |
| 2 | 2 Poland | 149.7 | 2022 | +17.14% | +9.96% | View data |
| 3 | 3 Slovakia | 147.73 | 2022 | +10.48% | View data | |
| 4 | 4 Hungary | 147.19 | 2022 | +11.4% | +7.51% | View data |
| 5 | 5 Macedonia | 145.03 | 2022 | +27.04% | View data | |
| 6 | 6 Estonia | 144.93 | 2022 | +11.85% | View data | |
| 7 | 7 Austria | 139.79 | 2022 | +4.71% | +4.3% | View data |
| 8 | 8 Bulgaria | 138.56 | 2022 | +17.63% | +6.54% | View data |
| 9 | 9 Luxembourg | 133.05 | 2022 | +4.68% | +7.52% | View data |
| 10 | 10 Latvia | 131.14 | 2022 | View data |
