National Society of Group

In 2022, Australia's Clothing Market Size was estimated to be worth USD 22.5 billion. With a compound annual growth rate (CAGR) of 3.00% from 2023 to 2032, the apparel sector is expected to increase from USD 23.2 billion in 2023 to USD 29.3 billion by 2032. The primary market factors expected to propel Australia's clothing market include growing online shopping demand, evolving consumer preferences for branded products, and growing awareness of the value of sports and fitness.

Key segments in the market include men’s, women’s, and children’s apparel, with women's wear dominating the industry. The rise in e-commerce has also revolutionized how Australians shop, with online retailing becoming a significant driver of growth.

The European home appliances market includes a broad range of products, from small appliances like blenders and toasters to large household appliances such as refrigerators, washing machines, and dishwashers. Europe’s home appliance industry is characterized by high penetration rates, with many households already owning multiple appliances. However, even in this mature market, there is still room for growth due to evolving consumer preferences for smarter, more energy-efficient products.

In 2024, Europe Home Appliances Market Size was estimated at USD 127.64 billion. The home appliances market in Europe is expected to develop at a compound annual growth rate (CAGR) of 3% from 2025 to 2034, from USD 131.47 billion in 2025 to USD 171.57 billion. Major factors propelling the European home appliances market include the rise in smart home adoption, the rise in house renovation projects in Western nations, and the quick advancements in wireless communication and information technology.

The market’s growth…