The knitted or crocheted pile fabric market in Finland displayed a declining trend from 2013 to 2023, with the market size value standing at 6.469 million USD in 2023. A significant decline was observed from 2013 to 2019, with small recoveries in 2016 and 2021. The last two-year analysis indicates a consistent decrease, and the five-year CAGR highlights a continued negative growth trend. This suggests that despite occasional upturns, the market has largely been shrinking over the past decade.
Future trends to watch for include:
- Technological advancements in production techniques.
- Changing consumer preferences towards sustainable materials.
- Potential impacts of global economic shifts and trade policies.
- Emerging trends in home decor and fashion influencing market demand.
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 1,021,400,000 | 2023 | +4.22% | +3.63% | View data |
| 2 | 2 Colombia | 266,760,000 | 2023 | +4.01% | +4% | View data |
| 3 | 3 Spain | 144,580,000 | 2023 | +1.22% | -1.03% | View data |
| 4 | 4 Germany | 117,890,000 | 2023 | -6.44% | -5.29% | View data |
| 5 | 5 United Kingdom | 117,420,000 | 2023 | -1.49% | +0.34% | View data |
| 17 | 17 Bosnia and Herzegovina | 10,446,000 | 2023 | +1.45% | -0.93% | View data |
| 18 | 18 Switzerland | 10,243,000 | 2023 | -0.038% | +0.11% | View data |
| 19 | 19 Finland | 6,469,200 | 2023 | -5.33% | -4.92% | |
