Forecast: Underwear Market Size Value in the Netherlands

The underwear market in the Netherlands has shown volatility from 2013 to 2023. The market value, expressed in billion Euros, witnessed ups and downs, with a notable increase in 2014 (23.28%) and a sharp decline in 2020 (-16.53%). The market value in 2023 stood at 1.8012 billion Euros, marking a marginal year-on-year increase of 0.52% from 2022. Over the past five years (2019-2023), the Compound Annual Growth Rate (CAGR) was relatively modest at 1.43%.

Looking at future trends, the forecasted data from 2024 to 2028 suggests a steady but slow growth with an overall CAGR of 0.42%, indicating a stabilized market. The expected growth rate over these five years is projected to be 2.14%, signaling a very gradual upward trend.

Future trends to watch for in the Dutch underwear market include:

  • Consumer preferences shifting towards sustainable and eco-friendly materials.
  • Increased demand for comfort-driven designs influenced by lifestyle changes post-pandemic.
  • Potential growth in online retail channels as e-commerce continues to expand.

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