Infographic: Clothing and footwear retail market in Central Europe

More information on this topic is presented in the PMR report:

- According to PMR estimates, the clothing and footwear market in the five CE countries (i.e. Bulgaria, the Czech Republic, Hungary, Romania, Slovakia) increased by 5.8% in 2016.

- Clothing segment accounted for 74.5% of the total market in 2016. Its share is expected to increase by 1 p.p. by 2022.

- In per capita terms, Slovak consumers spent €216 on C&F in 2016, the most in CE. On the other hand, average Romanian consumer spent €122, the least in the region.

Bulgaria

Our forecast shows that the market will grow by 4.6% on average in 2017-2022. Market growth is expected to slow year on year. It is hampered by the country’s falling population (a result of emigration and a low birth rate).

Czech Republic

The Czech market is the most mature and saturated among the reviewed CE countries. Nonetheless, the Czech C&F market is expected to grow at a rate of 3.3% in 2017, according to our forecasts. The growth will be driven by the clothing segment.

Hungary

The Hungarian fashion retail market is still in a very positive trend. Key factors influencing the market are rising average wages and improving consumer confidence. The Hungarian C&F market is expected to grow at a rate of 5.3% in 2017, according to our forecasts.

Romania

The Romanian fashion retail market is still in a very positive trend. Key factors influencing the market are demographic changes, the recent VAT reduction, rising average wages. The Romanian C&F market is expected to grow at a rate of 8.9% in 2017, according to our forecasts.

Slovakia

The Slovak C&F market is expected to grow at a rate of 4.2% in 2017, according to our forecasts. The growth will be driven by the clothing segment.


More information on this topic is presented in the PMR report:
Clothing and footwear retail market in Central Europe 2017. Market analysis and development forecasts for 2017-2022