Over the past decade, the Made-Up Textile Articles market in Portugal has experienced fluctuations, peaking in 2019 at 293.64 million Euros before a consistent decline began. By 2023, the market's value stood at 197.96 million Euros, marking a significant 10.7% decrease from the previous year. The average annual growth rate from 2019 to 2023 was negative at 6.52%, reflecting ongoing challenges in maintaining market growth.
Looking ahead, key trends to watch include:
- Potential economic recovery and consumer spending increases, which could aid market recovery.
- Innovation and sustainability initiatives might drive demand and open new market opportunities.
- Global supply chain dynamics and trade relations could impact the sector's growth trajectory.
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,502,300,000 | 2023 | +1.82% | +2.91% | View data |
| 2 | 2 United Kingdom | 5,139,400,000 | 2023 | +1.16% | +2.46% | View data |
| 3 | 3 France | 4,871,200,000 | 2023 | +0.91% | +0.93% | View data |
| 4 | 4 Italy | 2,883,900,000 | 2023 | -4.48% | -0.59% | View data |
| 5 | 5 Spain | 2,452,600,000 | 2023 | +1.82% | +2.01% | View data |
| 12 | 12 Greece | 389,400,000 | 2023 | +4.48% | +4.6% | View data |
| 13 | 13 Poland | 310,330,000 | 2023 | +1.47% | -3.39% | View data |
| 14 | 14 Portugal | 197,960,000 | 2023 | -10.7% | -6.52% | |
| 15 | 15 Croatia | 173,560,000 | 2023 | +3.32% | -1.8% | View data |
| 16 | 16 Estonia | 65,072,000 | 2023 | -0.86% | -0.041% | View data |
