In 2023, Italy emerged as a leader in the European market for button moulds and related parts with a substantial value of 151.03 million Euros, despite a slight year-on-year decline of 2.11%. Portugal followed, showing a positive trend with an 8.88% increase, reaching 3.0632 million Euros. Germany, Lithuania, and Poland contributed lesser values, with Lithuania and Germany seeing minor declines over the past year. Over the last five years, the compound annual growth rates (CAGRs) highlight varying performance and resilience across countries.
Future Trends to Watch:
- Innovation and technological advancements in button mould production.
- Shifts in consumer preferences impacting demand for button styles and materials.
- Enhanced trade relationships and international agreements influencing production and export capabilities.
- Sustainability trends pushing for eco-friendly production practices.
Top countries in Sold Production of Button Moulds and Other Parts of Buttons by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 151,030,000 | 2023 | +9.88% | -2.11% | View data |
| 2 | 2 Portugal | 3,063,200 | 2023 | +21.99% | +8.88% | View data |
| 3 | 3 Germany | 222,000 | 2021 | -48.85% | View data | |
| 4 | 4 Lithuania | 195,790 | 2023 | -0.91% | -4.19% | View data |
| 5 | 5 Poland | 125,340 | 2023 | -0.076% | +0.21% | View data |
