The European sold production of hand towels showed diverse trends across countries in 2023. Germany led with a notable increase of 2.97%, consolidating its top position. Italy and the United Kingdom experienced slight declines of 2.97% and 1.78% respectively. France maintained stability with a marginal rise of 0.02%. Countries like Poland and Spain exhibited healthy growth with increases of 3.11% and 3.24%, respectively. Portugal and Greece showed significant growth, over 6%, alongside emerging markets like Lithuania and Bulgaria, which surged over 7%. Conversely, Bosnia and Herzegovina and Estonia recorded significant declines of 4.08% and 34.3% respectively.
Looking ahead, the forecast indicates a continuation of market expansion in Eastern Europe, leveraging lower production costs and improving manufacturing capabilities. Western European countries might focus more on sustainability, potentially reshaping their production processes. The emerging focus on eco-friendly products could drive innovation in materials and manufacturing, steering production volumes in 2024 and beyond.
Top countries in Sold Production of Hand Towels by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 480,270,000 | 2023 | +2.65% | +2.97% | View data |
| 2 | 2 Italy | 398,900,000 | 2023 | +2.73% | -2.97% | View data |
| 3 | 3 France | 298,670,000 | 2023 | +0.63% | +0.02% | View data |
| 4 | 4 Poland | 274,290,000 | 2023 | +2.74% | +3.11% | View data |
| 5 | 5 United Kingdom | 216,760,000 | 2023 | +0.26% | -1.78% | View data |
| 6 | 6 Spain | 188,960,000 | 2023 | +1.82% | +3.24% | View data |
| 7 | 7 Sweden | 83,010,000 | 2023 | +3.14% | +2.99% | View data |
| 8 | 8 Finland | 62,639,000 | 2023 | +0.82% | +0.31% | View data |
| 9 | 9 Portugal | 53,974,000 | 2023 | +3.35% | +6.58% | View data |
| 10 | 10 Greece | 53,117,000 | 2023 | +4.91% | +6.84% | View data |
