The non-coloured cotton fabrics market in the Czech Republic was valued at 44.408 million Euros in 2023. It has exhibited fluctuations over the past decade, with a considerable decline in 2020 followed by a recovery phase. Year-on-year declines in 2022 and 2023 marked slight reductions. The market shows a five-year compound annual growth rate (CAGR) of -1.73%, indicating an overall contraction in recent years.
Future trends to watch for include:
- Potential recovery driven by increased demand in sustainable fabric options.
- Impact of economic conditions on household purchasing power, influencing fabric demand.
- Technological advancements in textile manufacturing affecting production costs and market size.