In 2023, the market size for narrow woven fabrics, excluding labels and badges, in Romania was valued at 53.198 million Euros. The market has been experiencing a consistent decline in value over the recent years, with a year-on-year decrease noted for the past five years, culminating in a -1.31% change from 2022 to 2023. The compound annual growth rate over the last five years stands at -4.98%, highlighting a steady downturn.
Future trends to watch for:
- Technological advancements in fabric production may introduce new opportunities for market growth.
- Increased focus on sustainability could drive innovations in fabric compositions.
- Potential market recovery as global economic conditions and consumer spending improve over time.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 216,530,000 | 2023 | +4.59% | +3.48% | View data |
| 2 | 2 Germany | 176,920,000 | 2023 | -1.86% | -1.74% | View data |
| 3 | 3 Poland | 107,090,000 | 2023 | +2.77% | +2.43% | View data |
| 4 | 4 United Kingdom | 90,870,000 | 2023 | -0.46% | -0.097% | View data |
| 5 | 5 Romania | 53,198,000 | 2023 | -1.31% | -4.98% | |
| 6 | 6 Austria | 41,728,000 | 2023 | -0.97% | -1.45% | View data |
| 7 | 7 Hungary | 29,201,000 | 2023 | -2.45% | -2.93% | View data |
