In 2023, Germany led the European sold production of wadding and articles thereof with 131.75 million Euros, followed closely by France at 124.38 million Euros. Lithuania showed substantial growth with a 10.04% increase, positioning itself as a strong market with 102.62 million Euros. Notable year-on-year growth was also observed in the United Kingdom and Greece, with increases of 15.4% and 15.1%, respectively. Conversely, Italy experienced a significant downturn at -18.92%, and Poland showed a slight decline at -0.02%.
Future trends to watch for include:
- The potential for sustained growth in Lithuania, the United Kingdom, and Greece, suggesting rising competitiveness.
- Recovery opportunities in Italy, addressing recent production declines to regain its market position.
- Germany and France's potential to maintain leadership but at a steady pace, driven by established production capabilities.
Top countries in Sold Production of Wadding and Articles Thereof by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 131,750,000 | 2023 | +1.54% | +4.13% | View data |
| 2 | 2 France | 124,380,000 | 2023 | +1.05% | +0.34% | View data |
| 3 | 3 Lithuania | 102,620,000 | 2023 | +4.91% | +10.04% | View data |
| 4 | 4 Spain | 59,364,000 | 2023 | +3.18% | +2.89% | View data |
| 5 | 5 Bulgaria | 57,285,000 | 2023 | +3.52% | +1.72% | View data |
| 6 | 6 Poland | 39,800,000 | 2023 | +1.03% | -0.02% | View data |
| 7 | 7 Italy | 35,435,000 | 2023 | -27.62% | -18.92% | View data |
| 8 | 8 United Kingdom | 32,091,000 | 2023 | -2.62% | +15.4% | View data |
| 9 | 9 Greece | 21,299,000 | 2023 | +4.38% | +15.1% | View data |
| 10 | 10 Croatia | 5,220,800 | 2023 | +3.48% | +0.99% | View data |
