In 2023, Italy led the global export market of machinery to impregnate textiles and make linoleum, followed by Germany and China. Italy, China, South Korea, and India exhibited positive year-on-year growth rates, while the United States faced a decline. Poland, Latvia, Greece, Peru, and Kuwait were the major gainers over the last year, with significant increases in export values. Conversely, Japan and several smaller players experienced substantial reductions. The market dynamics highlighted Europe's leading position with Asian countries showing strong competitive presence and growth.
Looking forward, anticipate growth acceleration in technologically adaptive countries like China and India. Monitor integration of automation and digital technologies in machinery production, which could redefine market dynamics, with emerging nations incrementally increasing their market share.
Top countries in Export of Machinery To Impregnate Textiles, Make Linoleum Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23.16 | 2023 | +2.23% | +2.07% | View data |
| 2 | 2 Germany | 20.92 | 2023 | +0.92% | -0.091% | View data |
| 3 | 3 China | 19.3 | 2023 | +3.79% | +3.76% | View data |
| 4 | 4 South Korea | 10.54 | 2023 | +1.19% | +2.46% | View data |
| 5 | 5 France | 3.97 | 2023 | +1.42% | -0.43% | View data |
| 6 | 6 Switzerland | 3.17 | 2023 | -3.68% | +0.98% | View data |
| 7 | 7 United States | 2.49 | 2023 | -4.83% | -3.15% | View data |
| 8 | 8 India | 2.44 | 2023 | +4.67% | +4.02% | View data |
| 9 | 9 Spain | 2.26 | 2023 | +0.69% | -0.43% | View data |
| 10 | 10 Czech Republic | 1.58 | 2023 | +2.9% | -0.96% | View data |