From 2013 to 2023, the men's and boys' knitted or crocheted undergarments market in Spain saw a consistent decline in volume per capita, dropping from 1.68 s to 0.95 s. Over the last two years, the year-on-year decrease has been notable, with a 5.88% drop from 2021 to 2022, followed by a 5.94% decline to 2023. The Compound Annual Growth Rate (CAGR) over the past five years is -7.47%, reflecting this downward trend.
Future trends to watch include:
- Potential recovery post-2024 as fashion cycles might renew interest in these articles.
- Influence of sustainable practices impacting production and consumption.
- Market adaptation to changing consumer preferences towards comfort and style.