In 2023, Italy dominated European sold production of machinery for textile, apparel, and leather industries, holding a substantial 75.76% market share. Germany and Spain followed, with 13.15% and 11.23% respectively. Denmark showed impressive growth of 31.16%, while Finland experienced the highest increase at 117.28%. Conversely, Italy and France saw declines of 4.01% and 3.59%, while Portugal and Poland faced more significant setbacks with decreases of 13.32% and 26.63% respectively.
Looking ahead, expect continuing innovation and increased production efficiencies. Sustainability and automation will likely drive future developments, emphasizing eco-friendly practices and advanced technological integration within the industry.
Top countries in Sold Production of Machinery for Textile, Apparel and Leather Production Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 75.76 | 2023 | +3.2% | -4.01% | View data |
| 2 | 2 Germany | 13.15 | 2023 | +6.92% | +5.12% | View data |
| 3 | 3 Spain | 11.23 | 2023 | +10.44% | +1.78% | View data |
| 4 | 4 Denmark | 2.93 | 2023 | +5.75% | +31.16% | View data |
| 5 | 5 France | 1.82 | 2023 | -0.039% | -3.59% | View data |
| 6 | 6 Czechia | 1.2 | 2023 | |||
| 7 | 7 Sweden | 1.14 | 2023 | -58.3% | View data | |
| 8 | 8 Portugal | 0.5 | 2023 | +2.95% | -13.32% | View data |
| 9 | 9 Finland | 0.24 | 2023 | +98.83% | +117.28% | View data |
| 10 | 10 Belgium | 0.14 | 2021 | -3.65% | +14.19% | View data |
