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Value of the apparel market in Europe 2017-2022, by country

Apparel is a valuable and voluminous market in Europe, with Germany and the United Kingdom sitting at the top. In the past ten years, market leader Germany’s textile and clothing retail generated ever-increasing revenue figures. Yet, as seen in this statistic, by 2022 apparel market in the UK is anticipated to expand, whereas Germany is forecast to slow down.

Runner-up promises growth

Together with footwear, the UK’s apparel market signals promising times ahead. Currently, the market sees fierce competition among established retailers, and e-commerce sales are worth mentioning as a game changer in this picture.

Russia’s comeback

In the European apparel market, Russia emerges as a major force with a bright outlook for 2022. The 2014 economic crisis had taken a toll on the country’s retail turnover volume, but since then the industry got back on track.

Value of the apparel market in select leading countries in Europe from 2017 to 2022*

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Source

Release date

February 2018

Region

Europe

Survey time period

2017 to 2022

Supplementary notes

* 2018, 2019, 2020, 2021 and 2022 are forecasts.

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