From 2012 to 2022, Japan's Knitted or Crocheted Pile Fabric market showed a declining trend from a value of 164.91 million USD to 99.688 million USD. The market experienced a significant dip in 2014 and 2020, followed by modest growth in 2021. However, 2022 saw a slight decrease, which indicated a volatile market with an overall negative trend over the decade. Year-on-year variations and compounded annual growth rates (CAGR) from 2015 highlight -2.61% CAGR over the last five years, indicating a consistent contraction.
Future trends to watch for include:
- Potential market stabilization following post-pandemic recovery.
- Increased demand for sustainable and innovative fabrics might influence production and consumption.
- Technological advancements in production processes could impact market dynamics.
| # | 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 |
| 6 | 6 Sri Lanka | 104,800,000 | 2023 | +3.84% | +4.14% | View data |
| 7 | 7 Japan | 96,426,000 | 2023 | -3.27% | -2.81% | |
| 8 | 8 France | 90,097,000 | 2023 | -5.08% | -2.25% | View data |
| 9 | 9 Romania | 70,853,000 | 2023 | +4.87% | +0.57% | View data |
