The Knitted or Crocheted Pile Fabric market in Thailand exhibited a mixed trend over the past decade. From 2012 to 2015, the market experienced fluctuations with values decreasing notably in 2015. However, an upward trend is observed from 2016 to 2022. The market showed resilience with moderate growth rates, peaking at 68.801 million USD in 2022. Year-on-year variations indicate steady growth through the past five years with minor annual increases, despite some early downturns. The CAGR from 2017 to 2022 stands at 0.49%.
Future trends to watch for include:
- Increasing demand for sustainable and eco-friendly fabrics.
- Technological advancements in textile production.
- Potential market fluctuations due to global economic conditions.
- Initiatives for boosting local manufacturing capabilities.
| # | 19 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 1,021,400,000 | 2023 | +4.22% | +3.63% | View data |
| 2 | 2 Colombia | 266,760,000 | 2023 | +4.01% | +4% | View data |
| 3 | 3 Spain | 144,580,000 | 2023 | +1.22% | -1.03% | View data |
| 4 | 4 Germany | 117,890,000 | 2023 | -6.44% | -5.29% | View data |
| 5 | 5 United Kingdom | 117,420,000 | 2023 | -1.49% | +0.34% | View data |
| 8 | 8 France | 90,097,000 | 2023 | -5.08% | -2.25% | View data |
| 9 | 9 Romania | 70,853,000 | 2023 | +4.87% | +0.57% | View data |
| 10 | 10 Thailand | 67,278,000 | 2023 | -0.56% | -0.089% | |
| 11 | 11 Canada | 59,353,000 | 2023 | -3.51% | -3.83% | View data |
| 12 | 12 Philippines | 37,633,000 | 2023 | -3.53% | -3.41% | View data |
