In 2023, the market size value for rubber thread and cord, textile-covered, textile yarn, and strip impregnated, coated, covered, or sheathed with rubber or plastics in Germany stood at 75.3 million Euros. The forecast from 2024 to 2028 indicates a steady growth trajectory. The market value is expected to grow from 77.739 million Euros in 2024 to 87.441 million Euros by 2028. The year-on-year growth rates reflect a consistent increase, averaging a compound annual growth rate (CAGR) of 2.4% over the five-year period.
Future trends to watch for:
- The ongoing innovation in textile technology and sustainable practices potentially driving market demand.
- Supply chain disruptions and ecological regulations, potentially influencing market dynamics.
