Market For Garment And Footwear In Central Europe

In view of the gradual recovery of the economic boom from the financial downturn, it is estimated that the clothing and footwear market in Czech, Hungary, Poland, Romania and Slovakia will exceed 15 billion euros ($20 billion 800 million) in 2013.

PMR consulting firm recently predicted that clothing and

According to the analysis report of PMR China Europe clothing and footwear retail market, in 2010, the overall fashion apparel market in China and Europe reached 12 billion 800 million euros and grew by 5% in 2011, mainly thanks to the revival of Romania and Poland markets.

It is estimated that in the 2011-2013 years, all garment and footwear market in Central Europe will grow at more or less different growth rates, in 2013.

Poland is the largest fashion market in Central Europe. Its fashion industry is less serious than that of other countries in Central Europe. The LPP and NG2 companies are the strongest enterprises in Poland in terms of sales revenue and number of stores.

In terms of the number of shops, Orsay and Deichmann are the two largest chains of apparel and footwear retailing in Central Europe. In 2011, there were about 250 and 415 shops in the five markets of Czech, Hungary, Poland, Romania and Slovakia.

Slovakia is the highest average selling country in five countries, while Romania is the lowest.

In the next three years, the cost of garments and footwear products in Romania will be the most predictable and dynamic growth.

As Romania is the lowest developed country in Central Europe, many international companies opened the first store in Romania, and H&M, a fast fashion shop in Sweden, finally entered the market in late March.

The expansion of clothing and footwear retailers usually needs to match the development of shopping malls in the region. From now until 2013, the number of rental shops in Romania, Poland and Slovakia has increased significantly, at least 50%.