Between 2013 and 2023, the market size for Shawls, Scarves, Mufflers, Mantillas, Veils, and similar knitted or crocheted textiles in Ireland grew from €6.08 million to €9.82 million. The market showed resilience, with fluctuations during economic stress in 2020 but an overall steady upward trend with significant boosts, notably in 2016 and 2018. For 2023, the market value stood at €9.82 million in Ireland.
Key insights include:
- Significant growth periods in 2016 and 2017, aligning with strong year-on-year growth rates of 11.54% and 10.34%, respectively.
- A contraction in 2020, due to external factors, marked an 11.04% decline.
- The recovery in 2021 and continued growth through 2023 indicated resilience, with a 5-year CAGR of 3.15%.
Future trends to watch include the impact of increasing consumer focus on sustainable materials, digital marketing, and potential post-pandemic fashion shifts. Additionally, changing weather patterns might influence the demand for these products.
| # | 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% | View data |
| 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% | |
| 6 | 6 Poland | 9,664,400 | 2023 | -0.72% | -0.77% | View data |
| 7 | 7 Hungary | 3,563,700 | 2023 | +1.52% | +0.95% | View data |
