The woven fabrics of synthetic staple fibres market in Belgium, containing at least 85% by weight of synthetic staple fibres, had fluctuating growth from 2013 to 2023, peaking in 2018 and declining gradually by 2023 to 33.007 million euros. Notably, a sharp decline occurred in 2020, followed by a recovery and subsequent stabilization. The year-on-year variation for 2023 was -1.1%, with a negative CAGR of -1.38% over the last five years, reflecting a steady contraction during this period.
For future trends, watch for technological advancements in fabric production, shifts towards environmentally friendly materials, and changing consumer demand due to sustainability concerns. These factors could significantly influence market dynamics in the coming years.
How does Belgium rank in Woven Fabrics of Synthetic Staple Fibres Containing at Least 85% by Weight of Synthetic Staple Fibres Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 420,820,000 | 2023 | +0.86% | +0.79% | View data |
| 2 | 2 Poland | 62,976,000 | 2023 | +3.15% | +0.84% | View data |
| 3 | 3 United Kingdom | 51,508,000 | 2023 | -1.5% | -1.64% | View data |
| 4 | 4 Belgium | 33,007,000 | 2023 | -1.1% | -1.38% | |
| 5 | 5 Czech Republic | 14,388,000 | 2023 | +2.67% | +0.35% | View data |
| 6 | 6 Bulgaria | 12,387,000 | 2023 | +1.93% | -1.65% | View data |