The UK market for garments made up of felt or non-wovens, and textile fabrics impregnated or coated stood at 286.02 million Euros in 2023. Over the decade, the market experienced fluctuations, with notable decline in 2020 by 16.5%, attributed to global disruptions. Growth rebounded in 2021 with a 20.97% increase. However, from 2022 to 2023, growth was modest at 0.39% per annum. The compound annual growth rate over the past five years is 0.02%, reflecting stability post-recovery.
Trends to watch for include:
- Impact of sustainability initiatives on material choice.
- Technological advancements in textile processing.
- Potential economic impacts influencing demand globally.
- Shifts in consumer preferences towards eco-friendly products.
How does the United Kingdom rank in Garments Made Up of Felt or Non-Wovens, Textile Fabrics Impregnated or Coated Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 677,830,000 | 2023 | +1.59% | +1.02% | View data |
| 2 | 2 United Kingdom | 286,020,000 | 2023 | +0.39% | +0.02% | |
| 3 | 3 Poland | 151,350,000 | 2023 | +2.95% | +1.9% | View data |
| 4 | 4 Austria | 124,340,000 | 2023 | -0.34% | +0.7% | View data |
| 5 | 5 Sweden | 123,610,000 | 2023 | +1.32% | +0.57% | View data |