The Embroidery in the Piece in Strips or in Motifs market in the UK, valued at 20.308 million Euros in 2023, shows a declining trend over the past decade from its peak in 2013. Despite fluctuations, including a notable rebound in 2021 with a 17.63% increase, the market generally decreased with a compound annual growth rate (CAGR) of -2.54% over the last five years. The year-on-year variations highlight sustained negative growth, with minimal recovery signs.
Looking ahead, future trends to watch for include:
- Technological advancements in embroidery techniques improving efficiency and innovation.
- Potential market expansion driven by eco-friendly and sustainable product demand.
- Economic policies and trade agreements impacting import and export dynamics.
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 442,880,000 | 2023 | +2.9% | -1.29% | View data |
| 2 | 2 France | 176,340,000 | 2023 | +1.85% | +2.62% | View data |
| 3 | 3 Germany | 73,926,000 | 2023 | +3.48% | +0.3% | View data |
| 4 | 4 Portugal | 39,329,000 | 2023 | +1.14% | +1% | View data |
| 5 | 5 United Kingdom | 20,308,000 | 2023 | -2.38% | -2.54% | |
| 6 | 6 Bulgaria | 4,658,300 | 2023 | +3.37% | +1.35% | View data |
| 7 | 7 Finland | 1,097,200 | 2023 | -7.7% | -5.88% | View data |
