The European market for men's or boys' swimwear of knitted or crocheted textiles shows substantial variation across countries. As of 2023, Spain leads in production value share at 41.84%, closely followed by Portugal at 39.57%. Bulgaria holds a significant, albeit smaller, share at 7.74%, with Italy trailing at 5.57%. Other countries, such as the United Kingdom, Denmark, and Estonia, contribute minimally to the production value share.
Year-on-year data from 2023 reveals notable changes. Portugal and Estonia exhibited the most substantial growth, with Portugal increasing by 24.24% and Estonia by 27.14%. Conversely, Italy experienced a decline of 19.44%, highlighting market volatility. Over the past five years, the compound annual growth rate (CAGR) suggests growth trends in certain regions, particularly Iberia.
Looking towards the future, the expectation is for continued expansion in Portugal and Estonia, driven by favorable economic conditions and increasing demand. However, Italy may continue to face challenges unless strategic adjustments are made. Monitoring emerging market demands, sustainability trends, and policy changes will be crucial for European manufacturers.
Top countries in Sold Production of Men's or Boys' Swimwear of Knitted or Crocheted Textiles Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 41.84 | 2023 | +13.44% | +1.89% | View data |
| 2 | 2 Portugal | 39.57 | 2023 | +24.69% | +24.24% | View data |
| 3 | 3 Bulgaria | 7.74 | 2023 | +5.05% | +13.01% | View data |
| 4 | 4 Italy | 5.57 | 2023 | -35.18% | -19.44% | View data |
| 5 | 5 United Kingdom | 2.04 | 2023 | +6.55% | +3.72% | View data |
| 6 | 6 Denmark | 0.14 | 2023 | -18.7% | -5.9% | View data |
| 7 | 7 Estonia | 0.004 | 2023 | +21.6% | +27.14% | View data |
