Apparel and clothing market Europe - Statistics & Facts
The apparel and clothing market is one of the largest in Europe, with all Western-based economies showing a year on year rise over the next four years. The United Kingdom has the largest market in Europe, with an expected value of 77 billion U.S. dollars in 2020; this is more than the total combined clothing markets of Eastern Europe. However, the Eastern European apparel segment is still showing signs of growth, with 2017 expected to show a market value of 68 billion euros.
The clothing manufacturing industry is also very prominent within Europe, with manufacturing sectors such as textile and clothing showing stable development over the last five years. This cannot be said for the employment sector within this industry, which unfortunately has seen an overall decline. This may be due to many factors such as cheap labor in non-European countries and the rising rent at manufacturing properties.
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