From 2013 to 2023, Estonia’s market size value per capita for knitted or crocheted textiles like shawls, scarves, mufflers, mantillas, and veils declined from €1.11 to €0.88. Notably, recent year-on-year changes saw a 2.2% decrease in 2022 and a slight drop in 2023. Over the last five years, a compound annual growth rate (CAGR) of -2.1% was observed, indicating a consistent downward trend.
Future trends to monitor include potential market revivals driven by fashion cycles, increasing demand for eco-friendly materials, and fluctuations in consumer spending influenced by economic conditions and changing lifestyle preferences.
