The market size for knitted or crocheted shawls, scarves, mufflers, mantillas, veils, and similar items in Germany saw a significant decline from 2013 to 2023, shrinking from 118.06 million euros to 59.522 million euros. Despite a momentary recovery in 2021, the overall trend has been downward, with year-on-year variations showing consistent declines, notably a 10.44% decrease in 2023. The compound annual growth rate over the last five years indicates a persistent contraction at 7.1% per annum.
Future trends to watch for include:
- Potential post-pandemic recovery efforts in fashion and retail industries.
- Possible shifts in consumer preferences towards sustainable and multi-functional textiles.
- Increased digitalization and online presence for brands targeting younger, environmentally-conscious consumers.
How does Germany rank in Shawls, Scarves, Mufflers, Mantillas, Veils and the Like of Knitted or Crocheted Textiles Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 67,437,000 | 2023 | -0.35% | -1.47% | View data |
| 2 | 2 Germany | 59,522,000 | 2023 | -10.44% | -7.1% | |
| 3 | 3 Spain | 40,430,000 | 2023 | -1.26% | -1% | View data |
| 4 | 4 France | 36,083,000 | 2023 | -7.26% | -8.09% | View data |
| 5 | 5 Ireland | 9,822,300 | 2023 | +5.31% | +3.15% | View data |
