The European textile, apparel, and leather machinery turnover has offered diverse growth patterns across various countries. Germany leads with a significant €5.98 billion turnover, followed by Italy at €3.45 billion and France at €1.68 billion. The Czech Republic shows robust growth of 4.32% YoY in 2023, while Finland and Belgium saw declines at -2.02% and -12.59%, respectively. Notably, Serbia recorded a remarkable 5.17% growth. These variations reflect both market maturity and changing demands across Europe.
Future trends to watch include:
- Technological advancements in Germany and Italy continuing to drive growth.
- Potential recovery in Belgium and Finland from recent downturns.
- Emergent markets like Serbia and the Czech Republic showing significant growth.
Top countries in Textile, Apparel and Leather Machinery Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,980 | 2023 | +5.92% | +1.08% | View data |
| 2 | 2 Italy | 3,450 | 2023 | +7.06% | +0.24% | View data |
| 3 | 3 France | 1,680 | 2023 | +7.54% | +2.43% | View data |
| 4 | 4 Czech Republic | 690.5 | 2023 | +4.67% | +4.32% | View data |
| 5 | 5 Belgium | 432.8 | 2023 | -7.5% | -12.59% | View data |
| 6 | 6 Spain | 302.8 | 2023 | +4.99% | -1.51% | View data |
| 7 | 7 Sweden | 269.4 | 2023 | +0.41% | +0.72% | View data |
| 8 | 8 United Kingdom | 163.8 | 2023 | -1.15% | +0.53% | View data |
| 9 | 9 Portugal | 130 | 2023 | +2.6% | +1.46% | View data |
| 10 | 10 Austria | 125.5 | 2023 | +6.27% | +1.4% | View data |
