In 2023, Poland led the European market for woven fabrics of synthetic and artificial filament yarns with a size of 570.92 million euros, experiencing a slight growth of 0.98%. Italy followed closely, despite a decline of 1.73%. Romania showed marginal growth, while the UK and France saw moderate improvements. Bulgaria displayed robust growth. Conversely, Austria, Croatia, and Finland faced contractions. Over the past five years, the market experienced varied growth rates per country, indicating dynamic shifts and adjustments in market strategies across Europe.
Future trends to watch include increasing demand for eco-friendly and sustainable filament yarns, digital transformations enhancing production processes, and potential market consolidations or expansions influenced by technological advancements and trade policies. These factors could significantly shape the market landscape, influencing competitive dynamics and offering new growth opportunities for leading countries in the sector.
Top countries in Woven Fabrics of Synthetic Filament Yarn and Artificial Filament Yarn Market Size Value by Country
# | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Poland | 570,920,000 | 2023 | +1.45% | +0.98% | View data |
2 | 2 Italy | 545,300,000 | 2023 | -1.34% | -1.73% | View data |
3 | 3 Romania | 512,740,000 | 2023 | +6.98% | +0.18% | View data |
4 | 4 United Kingdom | 394,940,000 | 2023 | +0.2% | +0.22% | View data |
5 | 5 France | 355,840,000 | 2023 | +1.52% | +1.28% | View data |
6 | 6 Bulgaria | 147,880,000 | 2023 | +1.35% | +1.71% | View data |
7 | 7 Netherlands | 133,690,000 | 2023 | -0.038% | +0.64% | View data |
8 | 8 Austria | 80,510,000 | 2023 | +0.32% | -0.75% | View data |
9 | 9 Greece | 45,111,000 | 2023 | +4.12% | +0.58% | View data |
10 | 10 Estonia | 27,606,000 | 2023 | +1.36% | +1.45% | View data |