Between 2013 and 2023, the Finnish market for shawls, scarves, mufflers, mantillas, veils, and similar items (other than silk) saw fluctuations in value. After a peak in 2014, the value dropped significantly by 2020, with a notable decline of 17.85% between 2019 and 2020, largely attributed to the impact of the COVID-19 pandemic. The market showed a recovery with a 19.26% increase in 2021 but experienced slight contractions in 2022 and 2023, ultimately settling at 11.155 million Euros in 2023. The compound annual growth rate over the last five years was a slight decline of 0.29%.

Future trends to watch for include:

The impact of sustainable and eco-friendly consumer preferences potentially boosting demand for non-silk products.
Technological advancements in textile production contributing to innovative product offerings.
Economic conditions in Europe influencing consumer spending power and import-export dynamics.