In 2023, Europe's textile finishing production is dominated by Italy, Germany, and Spain, together holding the majority share of production value. Italy faced a notable decline, alongside other key players like Germany and France. Conversely, countries such as Portugal, Spain, and Hungary demonstrated positive growth, indicating competitiveness within these regions. Despite minor declines, the United Kingdom maintained steady production, while smaller markets like Cyprus and Macedonia displayed growth potential. Croatia and Sweden faced significant downtrends. Overall, average yearly changes have been modest, reflecting a mature market environment.
Looking forward, trends to watch include technological advancements in textile production, potential market expansions in Eastern European countries, and sustainability driving innovation. These factors could reshape market dynamics, offering growth opportunities for agile players within the textile finishing sector in the coming years.
Top countries in Textiles Finishing Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.54 | 2023 | -2.11% | -4.27% | View data |
| 2 | 2 Germany | 20.62 | 2023 | +5.76% | -0.75% | View data |
| 3 | 3 Spain | 12.07 | 2023 | +4.68% | +1.65% | View data |
| 4 | 4 United Kingdom | 11.71 | 2023 | -0.43% | +0.06% | View data |
| 5 | 5 Portugal | 9.45 | 2023 | +2.42% | +2.59% | View data |
| 6 | 6 Poland | 4.28 | 2023 | +0.075% | +1.58% | View data |
| 7 | 7 Switzerland | 2.86 | 2023 | 0% | +0.089% | View data |
| 8 | 8 France | 2.01 | 2023 | -4.97% | -7.27% | View data |
| 9 | 9 Belgium | 1.98 | 2023 | -1.43% | -3.47% | View data |
| 10 | 10 Romania | 1.55 | 2023 | +9.36% | +2.27% | View data |
