In 2023, Germany led the European textile, apparel, and leather machinery market with a turnover share of 44.85 million euros, followed by Italy at 25.85 million euros and France at 12.58 million euros. The Czech Republic showed notable growth of 4.32%, while Belgium experienced a significant downturn with a decline of 12.59%. Emerging players like Serbia demonstrated promising growth at 5.17%, despite their smaller share. Over the last five years, these variations reflect a diverse market dynamic with shifts in competitive positioning and market potential.
Future trends to watch include technological advancements, sustainable production demand, and increased automation. Nations investing in innovation may experience greater market share growth, while traditional manufacturing centers could face competitive pressure if they fail to adapt. Additionally, trade policies and EU conditions could influence the positioning of countries within this sector.
Top countries in Textile, Apparel and Leather Machinery Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.85 | 2023 | +5.92% | +1.08% | View data |
| 2 | 2 Italy | 25.85 | 2023 | +7.06% | +0.24% | View data |
| 3 | 3 France | 12.58 | 2023 | +7.54% | +2.43% | View data |
| 4 | 4 Czech Republic | 5.18 | 2023 | +4.67% | +4.32% | View data |
| 5 | 5 Belgium | 3.24 | 2023 | -7.5% | -12.59% | View data |
| 6 | 6 Spain | 2.27 | 2023 | +4.99% | -1.51% | View data |
| 7 | 7 Sweden | 2.02 | 2023 | +0.41% | +0.72% | View data |
| 8 | 8 United Kingdom | 1.23 | 2023 | -1.15% | +0.53% | View data |
| 9 | 9 Portugal | 0.97 | 2023 | +2.6% | +1.46% | View data |
| 10 | 10 Austria | 0.94 | 2023 | +6.27% | +1.4% | View data |
