Germany’s real GDP declined in both 2023 and 2024 as it faced high interest rates and a tough exports market due to increasing competition from China. Real GDP is forecast to remain flat in 2025 due to the impact of US tariffs. Inflation lowered from 5.9% in 2023 to 2.3% in 2024 and 2.2% in 2025, helping consumer sentiment recover, though will remain higher than pre-pandemic levels. Germany also faces the problem of an ageing population and rising unemployment, putting pressure on incomes and inhibiting apparel demand.
Scope
- The German apparel market declined in 2024, as consumer finances remained strained
- Value will showcase the strongest rise in share by 2029 as consumers remain more cost-conscious amid economic uncertainty
- The online market will continue to outpace offline, as consumers value its convenience and the ease of comparing prices
Reasons to Buy
- Understand where the demand lies within the German apparel market across various price positionings, categories, and brands, to allow you to maximise customer acquisition.
- Learn how continued inflationary challenges will impact the German apparel market, and which players are most at threat from changing consumer habits.
- Identify the key approaches brands are taking to stand out in the German apparel market, and how you can adapt these to fit your own business.
Table of Contents
- EXECUTIVE SUMMARY
- Germany Apparel Market Drivers
- Germany Apparel Market Inhibitors
- Economic Background
- Germany APPAREL MARKET: MARKET SIZE TO 2029
- Germany Apparel Market, 2019, 2024 & 2029
- Germany APPAREL MARKET: CATEGORY PERFORMANCE TO 2029
- Germany Apparel Market by Category, 2019, 2024, & 2029
- Germany Clothing Categories 2019-2029
- Germany Footwear Categories 2019-2029
- Germany Accessories Category 2019-2029
- Germany Apparel Market by Price Positioning, 2019, 2024, & 2029
- Germany Sportswear Market 2019-2029
- Germany APPAREL MARKET: CHANNEL PERFORMANCE TO 2029
- Germany Online vs Offline Channel Growth 2019-2029
- Germany Apparel Market by Channel, 2024 & 2029
- CONSUMERS
- Impact of rising inflation on apparel spend in Germany
- Secondhand Apparel Purchases in Germany
- Opinions on online shopping
- Retailers German Consumers Bought Apparel From in the Past Year
- COMPETITVE LANDSCAPE: BRANDS
- Top 10 Germany Apparel Market Shares 2023-2025
- Top 10: Winners & Losers Outlook
- Brand Profiles
- Adidas
- Hugo Boss
- Deichmann
- Takko Fashion
- METHODOLOGY, DEFINITIONS AND CONTACTS
- Clothing: Winning and Losing Product Segments, 2024-2029 CAGR (%)
- Footwear: Winning and Losing Product Segments, 2024-2029 CAGR (%)
- Accessories: Winning and Losing Product Segments, 2024-2029 CAGR (%)
- Retailers German Consumers Bought Apparel From in the Past Year by Demographic
- Real GDP (EUR trillion) and annual growth (%)
- Nominal GDP (EUR trillion) and annual growth (%)
- Real GDP per capita (EUR thousand) and annual growth (%)
- Consumer price inflation (%)
- Population (millions) and annual growth (%)
- Population by age group (%)
- Population by rural-urban split
- Employed people (millions) and unemployment rate
- Germany Apparel Market Value, 2019, 2024 & 2029 (EUR bn) with five-year CAGR (%)
- Germany Apparel Market Value (EUR bn) and Volumes (m units) 2019-2029, with Annual Growth (%)
- Category Shares within Germany’s Apparel Market (%) 2019, 2024 & 2029
- Clothing: Market Value (EUR bn) by Category, 2019, 2024, & 2029, with forecast CAGR (%)
- Footwear: Market Value (EUR bn) by Category, 2019, 2024, & 2029, with forecast CAGR (%)
- Accessories: Market Value (EUR bn) by Category, 2019, 2024, & 2029, with forecast CAGR (%)
- Germany Apparel Market by Price Positioning, 2019, 2024, & 2029
- Germany Sportswear Market (EUR bn) with Annual Growth (%), 2019-2029
- Germany Online Apparel Market (EUR bn) 2019-2029 and Online Penetration (%)
- Online, Offline & Total Apparel Annual Growth in the Germany (%), 2019-2029
- Germany Apparel Market by Channel Share (%) 2024 & 2029
- Impact of Rising Inflation on Apparel Spend in Germany
- Secondhand Apparel Purchases in Germany
- Secondhand Apparel Purchases in Germany by Region and Age
- Opinions on online shopping in Germany
- Top 10 Germany Apparel Brands by Market Share (%), 2021, 2022 & 2023 with Change in Share 2021-2023
- Adidas' Apparel Market Share (%) in Germany 2019-2024
- Hugo Boss' Apparel Market Share (%) in Germany 2019-2024
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Deichmann
- C&A
- H&M
- Otto
- Zalando
- KiK
- Bonprix
- Peek & Cloppenburg
- Ernsting's Family
- Galeria Kaufhof
- Zara
- TK Maxx
- Intersport
- Shein
- Sport 2000
- Nike
- Adidas
- S.Oliver
- Puma
- Hugo Boss
- Takko Fashion
- TikTok
- Temu
- Amazon