Industry revenue of retail sale of clothing in specialised stores in Portugal 2011-2023

Portugal currently has one of the best textile manufacturing industries in all of Europe. In fact, the ‘Made in Portugal’ sign has become a symbol of quality and sustainability with manufacturers adhering to environmentally and socially responsible methods of production. The country also has a moderately sized market with over 10 million people. Therefore, it is no surprise that retail sales of clothing in the country are expected to increase from 3.9 billion U.S. dollars in 2017 to around 4.5 billion U.S. dollars in 2023.

Another factor driving the market is that the fashion and clothing sector has the most number of retail chains in the country - 77, followed by furniture - 42, home ware - 41 and footwear and leather - 30. Online shopping has also caught up in a big way with the clothing segment expected to account for the highest share in total e-Commerce revenues over the short to medium term. Zara is the most popular e-Commerce platform for fashion, followed by Bershka, Stradivarius, Pull and Bear and Laredoute.

Industry revenue of retail sale of clothing in specialised stores in Portugal from 2011 to 2023

Revenue in million U.S. Dollars
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Source

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Portugal. The industry “retail sale of clothing in specialised stores“ has the code “G4771“.

Details on the methodology can be found here.

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