In 2024, the European textiles finishing sector is dominated by Italy, Germany, and Spain, with Italy leading at €1.75 billion. Germany and Spain follow with €1.31 billion and €0.7477 billion, respectively. The UK and Portugal round out the top five. France and Belgium have seen downturns, while Portugal, Poland, and Romania are experiencing steady growth. Notably, Sweden and Denmark report significant declines. Variations indicate that Cyprus and Iceland have the highest year-on-year increases, signaling potential emerging markets. Over the past two years, overall trends suggested modest growth in several countries in Eastern Europe.
Future trends to watch involve heightened technological advancements and sustainability practices driving growth, with Eastern European countries likely to see further investments. Monitoring these markets for shifts in economic policies and trade agreements will be crucial for understanding the evolving landscape.
Top countries in Textiles Finishing Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,750 | 2023 | -1.4% | -3.26% | View data |
| 2 | 2 Germany | 1,310 | 2023 | +5.19% | -0.68% | View data |
| 3 | 3 Spain | 747.7 | 2023 | +4.38% | +1.46% | View data |
| 4 | 4 United Kingdom | 740 | 2023 | -0.68% | -0.019% | View data |
| 5 | 5 Portugal | 599.7 | 2023 | +2.37% | +2.58% | View data |
| 6 | 6 Poland | 307 | 2023 | +0.89% | +2.37% | View data |
| 7 | 7 Switzerland | 170.6 | 2023 | -0.059% | +0.059% | View data |
| 8 | 8 France | 151.7 | 2023 | -4.4% | -6.26% | View data |
| 9 | 9 Belgium | 142.1 | 2023 | -0.91% | -2.99% | View data |
| 10 | 10 Romania | 101.2 | 2023 | +9.05% | +2.49% | View data |
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