The European textiles finishing industry in 2023 showed diverse trends across different countries. Germany leads with the highest number of enterprises, continuing its growth with a 3.16% increase. Italy saw a slight decline of 2.7%, while the UK experienced a moderate rise of 2.24%. The Netherlands showed a notable growth trend, marked by an 11.76% increase. Belgium's industry rapidly expanded with a 19.58% increase. In contrast, Sweden's sector contracted by 9.91%. Smaller markets, like Iceland, showed the highest growth rate of 25.74% despite having a minimal presence. Overall, there’s a mix of expansion and contraction across the region.
As we look to the future, ongoing digitalization and the push for sustainable practices may reshape the landscape. Key trends to watch include the rise of eco-friendly finishing processes, the impact of Brexit on the UK market, and Eastern European countries potentially increasing their presence due to cost advantages. A focus on innovation will be crucial as enterprises aim to stay competitive in a transforming market.
Top countries in Textiles Finishing Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,860 | 2023 | +2.37% | +3.16% | View data |
| 2 | 2 Italy | 1,600 | 2023 | -3.44% | -2.7% | View data |
| 3 | 3 Poland | 1,250 | 2023 | +1.71% | -0.016% | View data |
| 4 | 4 United Kingdom | 1,160 | 2023 | +1.93% | +2.24% | View data |
| 5 | 5 Netherlands | 1,110 | 2023 | +9.28% | +11.76% | View data |
| 6 | 6 Spain | 906 | 2023 | +1% | +1.4% | View data |
| 7 | 7 France | 578 | 2023 | +0.17% | +1.22% | View data |
| 8 | 8 Belgium | 577 | 2023 | +11.61% | +19.58% | View data |
| 9 | 9 Portugal | 476 | 2023 | +0.21% | +0.73% | View data |
| 10 | 10 Romania | 253 | 2023 | +4.98% | +9.6% | View data |
