The market size for garments made up of felt or non-wovens, textile fabrics impregnated or coated in the Czech Republic exhibited a mixed trend between 2013 and 2023. It was valued at 74.823 million euros in 2023. Over this period, significant fluctuations were observed, with notable declines in 2017 and 2022 which were counteracted by recoveries in subsequent years. The compound annual growth rate over the last five years stood at 2.81%, indicating a moderate upward trend despite year-on-year variations, such as a decline in 2022 followed by a minor recovery in 2023.
Future trends to watch for:
- Technological advancements in textiles and environmentally friendly materials may drive growth.
- Increased demand for sustainable products could impact market dynamics positively.
- Potential economic fluctuations and regulatory changes in the Czech Republic could influence future growth trajectories.
How does the Czech Republic rank in Garments Made Up of Felt or Non-Wovens, Textile Fabrics Impregnated or Coated Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 677,830,000 | 2023 | +1.59% | +1.02% | View data |
| 2 | 2 United Kingdom | 286,020,000 | 2023 | +0.39% | +0.02% | View data |
| 3 | 3 Poland | 151,350,000 | 2023 | +2.95% | +1.9% | View data |
| 4 | 4 Austria | 124,340,000 | 2023 | -0.34% | +0.7% | View data |
| 5 | 5 Sweden | 123,610,000 | 2023 | +1.32% | +0.57% | View data |
| 6 | 6 Finland | 81,253,000 | 2023 | +1.51% | +2.44% | View data |
| 7 | 7 Czech Republic | 74,823,000 | 2023 | +1.69% | +2.81% |