The Czech Republic's market size for garments made up of felt or non-wovens, textile fabrics impregnated or coated, exhibited a steady growth from 2013 to 2023, reaching a value of €7.41 per capita in 2023. Notably, there was a substantial increase from 2015 to 2016 and from 2020 to 2021. The year-on-year variation between 2022 and 2023 was 2.1%, following a slight decrease from 2021 to 2022 at -2.4%. The compound annual growth rate (CAGR) over the last five years stood at a modest 1.65%, reflecting consistent, though moderate, market development.
Future trends to watch for include advancements in textile technology, such as more sustainable and innovative production methods. Additionally, changing consumer preferences towards eco-friendly materials and potential regulatory changes could further impact market dynamics positively by enhancing growth opportunities and expanding market reach.
How does the Czech Republic rank in Garments Made Up of Felt or Non-Wovens, Textile Fabrics Impregnated or Coated Market Size Value Per Capita?
| # | 7 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Finland | 14.63 | 2023 | View data |
| 2 | 2 Austria | 14.39 | 2023 | View data |
| 3 | 3 Sweden | 11.83 | 2023 | View data |
| 4 | 4 Germany | 8.13 | 2023 | View data |
| 5 | 5 Czech Republic | 7.41 | 2023 | |
| 6 | 6 United Kingdom | 4.22 | 2023 | View data |
| 7 | 7 Poland | 3.99 | 2023 | View data |
