The market for men's or boys' shirts of textile fabric not knitted or crocheted in Germany has shown significant fluctuations over the past decade. From a high of €680.12 million in 2016, the market has generally trended downwards, reaching €457.2 million in 2023. The steep decline witnessed in 2017 and 2020 was partially offset by a slight recovery in 2021. However, the market contracted again in 2022 and 2023. Over a five-year period, the compound annual growth rate remained negative, reflecting broader challenges within the industry.
Looking ahead, potential future trends to watch include:
- Shifts in consumer preferences towards sustainable and eco-friendly fabrics.
- Technological advancements in textile production and design.
- The impact of global supply chain adjustments post-COVID on market dynamics.
How does Germany rank in Men's or Boys' Shirts of Textile Fabric Not Knitted or Crocheted Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 629,110,000 | 2023 | -1.16% | -0.89% | View data |
| 2 | 2 France | 557,020,000 | 2023 | -0.62% | -0.71% | View data |
| 3 | 3 Italy | 458,090,000 | 2023 | -0.43% | -0.54% | View data |
| 4 | 4 Germany | 457,200,000 | 2023 | -1.94% | -2.93% | |
| 5 | 5 Spain | 257,900,000 | 2023 | -6.04% | -4.4% | View data |
| 6 | 6 Poland | 211,390,000 | 2023 | +3.1% | +2.91% | View data |