The market size for textile fabrics and felts for paper-making machines in Portugal, in value terms, stood at 11.051 million euros in 2023. The market has seen a general decline since 2013, with a notable decrease from 2016 to 2017 and minor fluctuations around 11 million euros from 2018 onwards. Over the last two years, the year-on-year decrease was approximately 1.59% each year. The compound annual growth rate (CAGR) over the past five years stands at -0.28%, indicating a consistent downward trend.
Future trends to watch for:
- Technological advancements improving production efficiency could impact demand.
- Sustainability trends may lead to increased demand for eco-friendly materials.
- Global paper industry dynamics and environmental regulations may influence the market.
How does Portugal rank in Textile Fabrics and Felts for Paper-Making Machines or Similar Machines Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 86,637,000 | 2023 | -0.41% | +2.22% | View data |
| 2 | 2 Finland | 64,065,000 | 2023 | +1.25% | +0.42% | View data |
| 3 | 3 Poland | 21,405,000 | 2023 | +2.73% | +0.17% | View data |
| 4 | 4 Portugal | 11,051,000 | 2023 | -1.59% | -0.28% | |
| 5 | 5 Czech Republic | 9,641,900 | 2023 | -0.29% | -0.32% | View data |
| 6 | 6 Lithuania | 556,190 | 2023 | -8.26% | -7.26% | View data |
