Industry Statistics and Rankings
How does this industry perform in Hungary compared to Europe?
Country Benchmarking
Industry Data Hungary
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#24 In EuropeBusiness
#16 In EuropeEmployees
#18 In EuropeWages
#25 In EuropeOver the five years through 2024, textile retailing revenue is expected to fall at a compound annual rate of 5.2%. Once a favourite pastime, knitting and sewing have fallen out of favour thanks to the internet boom and alternative entertainment like Netflix and scrolling on social media. As media consumption has shot up, traditional hobbies like knitting and making clothing have plummeted, as have fabric and haberdashery sales. The explosion of fast fashion has decimated the textile and fashion sector. Before, stitching up holes and repairing garments were ways to extend the life of clothing items, but this isn’t the case anymore. The popularity of fast fashion means it’s not worth the time or effort to replace a garment when something new can be bought for less than €20.
Enterprises
Number of businesses in 2024
Biggest companies in the Textile Retailing in Hungary
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Jysk A/S | 6,414.2 | 658.7 | 10.3 | |
H&M Hennes & Mauritz AB | 23,154.9 | 1,264.3 | 5.5 |
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Top Questions Answered in this Report
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What is the market size of the Textile Retailing industry in Hungary in 2024?
The market size of the Textile Retailing industry in Hungary is €61.3m in 2024.
How many businesses are there in the Textile Retailing in Hungary industry in 2024?
There are 861 businesses in the Textile Retailing industry in Hungary, which has declined at a CAGR of 1.3 % between 2019 and 2024.
Has the Textile Retailing industry in Hungary grown or declined over the past 5 years?
The market size of the Textile Retailing industry in Hungary has been declining at a CAGR of 6.6 % between 2019 and 2024.
What is the forecast growth of the Textile Retailing industry in Hungary over the next 5 years?
Over the next five years, the Textile Retailing industry in Hungary is expected to grow.
What are the biggest companies in the Textile Retailing market in Hungary?
The biggest companies operating in the Textile Retailing market in Hungary are Jysk A/S and H&M Hennes & Mauritz AB
What does the Textile Retailing in Hungary include?
Bedroom and bathroom textiles and Large textiles are part of the Textile Retailing industry.
Which companies have the highest market share in the Textile Retailing in Hungary?
The company holding the most market share in Hungary is Jysk A/S.
How competitive is the Textile Retailing industry in Hungary?
The level of competition is high and steady in the Textile Retailing industry in Hungary.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- E-Commerce in Hungary
Complementors
- Clothing Manufacturing in Hungary
Table of Contents
About this industry
Industry definition
The industry includes stores that sell finished textiles (e.g. bedding fabrics, knitting yarn and basic materials for making rugs, tapestries or embroidery), textiles and haberdashery (e.g. needles and sewing thread).
Related Terms
FAST FASHIONHABERDASHERYCIRCULAR ECONOMYWhat's included in this industry?
Bedroom and bathroom textiles Large textiles Small textiles Fabrics and haberdasheryCompanies
Jysk A/SH&M Hennes & Mauritz ABIndustry Code
4751 - Retail sale of textiles in specialized stores in Hungary
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Textile Retailing in Hungary industry?
Outlook
Analysis
What's driving the Textile Retailing in Hungary industry outlook?
Volatility
Analysis
What influences volatility in the Textile Retailing in Hungary industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Textile Retailing in Hungary industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Curtains fall out of favour. Once seen as a homemaker’s pride and joy, heavy patterned curtains are no longer in vogue. More and more people are opting for cheaper blinds and gentle linen drapes instead.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Textile Retailing in Hungary industry's products and services performing?
Analysis
What are innovations in the Textile Retailing in Hungary industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Textile Retailing in Hungary industry?
International Trade
Highlights
- Total Imports into Hungary
- Total Exports into Hungary
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Low barriers to entry keep market concentration low and competition rife. Since it isn't really capital intensive, it’s straightforward to set up a textile shop to rent store space and have low legislative requirements and operating costs.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Textile Retailing in Hungary located?
Companies
Data Tables
Top 2 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
The majority of Europe has a light-touch approach to regulating textile stores. Most legislation relating to textile stores applies at a broader retail level (e.g. keeping supplier information) and is relatively easy to comply with.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Textile Retailing in Hungary industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit continues its long-term decline. Rising competition and changing buyer habits are all squeezing textile stores' bottom lines.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Textile Retailing in Hungary industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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