The European knitted and crocheted apparel market saw varied wage and salary shares by country in 2023. Italy dominated with 48.35 million euros, showing a positive 3.85% year-on-year growth. Meanwhile, France and Spain experienced declines of 2.14% and 2.42%, respectively. Portugal, Romania, and Croatia showed a positive trend, though modest. Eastern European countries like Lithuania grew by 5.45%, while Poland and the United Kingdom declined by over 4%. Greece and Belgium experienced significant reductions, while the Netherlands witnessed a notable 9.16% increase, reflecting dynamic changes.
Future trends to watch include:
- Potential recovery in Western European countries if economic conditions stabilize.
- Continued growth in Eastern Europe, driven by competitive labor costs and increasing productivity.
- Potential impact of sustainable fashion trends on wages and salaries distribution.
- Influence of geopolitical factors on market dynamics and labor costs within Europe.
Top countries in Knitted and Crocheted Apparel Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 48.35 | 2023 | +2.52% | +3.85% | View data |
| 2 | 2 France | 11.59 | 2023 | -2.56% | -2.14% | View data |
| 3 | 3 Portugal | 5.98 | 2023 | +0.38% | -0.79% | View data |
| 4 | 4 Spain | 5.65 | 2023 | +2.06% | -2.42% | View data |
| 5 | 5 Romania | 4.99 | 2023 | +5.64% | +0.4% | View data |
| 6 | 6 Poland | 3.86 | 2023 | -4.34% | -4.76% | View data |
| 7 | 7 United Kingdom | 3.26 | 2023 | -6.96% | -5.06% | View data |
| 8 | 8 Croatia | 2.98 | 2023 | +5.95% | +3.69% | View data |
| 9 | 9 Bulgaria | 2.88 | 2023 | +5.28% | +1.2% | View data |
| 10 | 10 Czech Republic | 1.2 | 2023 | +4.64% | +3.35% | View data |
