The Made-Up Textile Articles market in Austria has shown robust growth from 2012 to 2022, increasing from €460.1 million to €841.47 million. The market saw a steady expansion with significant year-on-year increases, notable peaks in 2014 with 9.55% and 2016 with 9.73%. However, 2020 marked a downturn with a -16.68% change due to external factors, but it quickly rebounded in 2021 with a 23.95% rise. The last two years showed a moderate increase with 2.74% in 2022. The 5-year CAGR from 2018 to 2022 was 4.65%, indicating consistent long-term growth.
Future trends to watch for:
- Increasing consumer demand for sustainable and eco-friendly textile products.
- Technological advancements in textile manufacturing and automation.
- Potential market disruptions due to geopolitical and economic factors.
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,502,300,000 | 2023 | +1.82% | +2.91% | View data |
| 2 | 2 United Kingdom | 5,139,400,000 | 2023 | +1.16% | +2.46% | View data |
| 3 | 3 France | 4,871,200,000 | 2023 | +0.91% | +0.93% | View data |
| 4 | 4 Italy | 2,883,900,000 | 2023 | -4.48% | -0.59% | View data |
| 5 | 5 Spain | 2,452,600,000 | 2023 | +1.82% | +2.01% | View data |
| 6 | 6 Netherlands | 1,489,200,000 | 2023 | +3.07% | +3.75% | View data |
| 7 | 7 Austria | 863,490,000 | 2023 | +2.62% | +3.58% | |
| 8 | 8 Sweden | 689,420,000 | 2023 | +2.86% | +2.78% | View data |
| 9 | 9 Denmark | 563,650,000 | 2023 | -1.42% | -1.84% | View data |
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