The European market for knitted or crocheted textile garments shows Italy as the dominant player, with a 41.91% share in 2024, despite a minor decline of 1.16% from the previous year. Spain, the second-largest contributor, increased its share by 2.53%. Bulgaria and Portugal displayed significant growth of 6.15% and 9.83%, respectively. Other notable growth was seen in Estonia with 8.99% and a massive increase in Serbia at 29.89%. In contrast, the United Kingdom and Hungary faced significant declines. Over the past five years, notable growth trends were observed in Eastern European countries, showcasing their rising influence in the sector.
Future trends to watch include continued expansion in Eastern Europe due to lower production costs and burgeoning capacity, with high growth potential in Portugal and Bulgaria. Italy and Spain are likely to remain core players, but could face increasing competition. The industry may also experience shifts in material use and production techniques driven by sustainability demands and technological advances. Monitoring these factors will be crucial for stakeholders aiming to capture a significant market share in the coming years.
Top countries in Sold Production of Tracksuits, Ski Suits, Swimwear and Other Garments of Knitted or Crocheted Textiles Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.91 | 2023 | +9.98% | -1.16% | View data |
| 2 | 2 Spain | 21.87 | 2023 | +7.86% | +2.53% | View data |
| 3 | 3 Bulgaria | 7.07 | 2023 | +5% | +6.15% | View data |
| 4 | 4 Portugal | 6.42 | 2023 | +2.5% | +9.83% | View data |
| 5 | 5 Poland | 6 | 2023 | +2.93% | +2.14% | View data |
| 6 | 6 Croatia | 4.03 | 2023 | +2.04% | +3.14% | View data |
| 7 | 7 Romania | 2.55 | 2023 | -0.68% | -0.58% | View data |
| 8 | 8 Estonia | 2.23 | 2023 | +7.42% | +8.99% | View data |
| 9 | 9 Czechia | 1.53 | 2021 | |||
| 10 | 10 United Kingdom | 0.81 | 2023 | -22.34% | -15.82% | View data |
