China remains the dominant player in the global export of embroidery without visible ground, maintaining a firm lead with a considerable market share increase of 5.57% YoY as of 2023. India follows as a strong contender, seeing a 6.27% increase. Notable emerging trends include Poland's significant rise in exports by 37.72%, while traditional European exporters like Switzerland and the United Kingdom observe notable declines in their share by 15.24% and 16.11% respectively.
Future trends to monitor include:
- The growth momentum in emerging markets such as Poland and Malaysia could signal shifts in market dynamics.
- The continued decline in European countries may urge these markets to explore innovation or efficiency improvements.
- Potential challenges in maintaining competitive advantages for leading exporters could arise from evolving consumer preferences and innovation in textile technologies.
Top countries in Export of Embroidery without Visible Ground Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 47.26 | 2023 | +4.63% | +5.57% | View data |
| 2 | 2 India | 27.36 | 2023 | +4.28% | +6.27% | View data |
| 3 | 3 Thailand | 4.49 | 2023 | +3.01% | +2.21% | View data |
| 4 | 4 Italy | 2.25 | 2023 | +2.16% | +4.07% | View data |
| 5 | 5 United States | 2 | 2023 | +4.72% | +3.28% | View data |
| 6 | 6 Germany | 1.73 | 2023 | -1.72% | -2.08% | View data |
| 7 | 7 France | 1.44 | 2023 | -2.66% | -4.45% | View data |
| 8 | 8 Switzerland | 1.21 | 2023 | -17% | -15.24% | View data |
| 9 | 9 Austria | 1.1 | 2023 | -14.39% | -8.84% | View data |
| 10 | 10 Pakistan | 0.63 | 2023 | +6.16% | +3.67% | View data |
