The German market for T-shirts, singlets, and vests made of knitted or crocheted textiles reached a size of 2.2928 billion Euros in 2023. The market has experienced fluctuations over the past decade, peaking in 2015 before experiencing a decline. Since 2021, it has shown modest recovery with a 0.98% year-on-year increase in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 was -1.68%, indicating a gradual decrease over the five-year period.
Future trends to watch for include potential market stabilization and renewed growth driven by sustainable fashion practices, technological innovations in textile production, and evolving consumer preferences toward quality and eco-friendly apparel options.
How does Germany rank in T-Shirts, Singlets and Vests of Knitted or Crocheted Textiles Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,292,800,000 | 2023 | +0.98% | -1.68% | |
| 2 | 2 United Kingdom | 2,118,000,000 | 2023 | +0.18% | +0.87% | View data |
| 3 | 3 France | 2,105,700,000 | 2023 | +4.96% | +1.88% | View data |
| 4 | 4 Austria | 663,300,000 | 2023 | +2.49% | +2.34% | View data |
| 5 | 5 Italy | 380,950,000 | 2023 | -2.17% | -2.83% | View data |