Over the past decade, the market for Woven Fabrics of Synthetic Filament Yarn and Artificial Filament Yarn in the Netherlands has experienced fluctuations. Between 2013 and 2016, there was a steady increase, peaking at 223.49 million square meters. Subsequently, a notable decline occurred in 2017, followed by some recovery with levels stabilizing around 220 million square meters by the early 2020s. The year-on-year variation for 2023 showed an increase of 1.25%, closing the reported period at 222.8 million square meters. The compound annual growth rate (CAGR) over the last five years was 2.79%.
Future trends to watch for:
- Potential impact of sustainability trends driving shifts towards eco-friendly materials.
- Technological advancements in synthetic yarn production improving efficiency.
- Market shifts due to trade policy changes within the EU and globally.
- Consumer preference changes influenced by fashion industry trends.