The woven fabrics of synthetic staple fibers market in Bulgaria stood at 12.387 million euros in 2023. From 2013 to 2023, the market saw fluctuations with significant growth in 2014 and 2015 but faced downturns thereafter. The market began recovering in 2022 and continued into 2023, registering a 1.93% increase from the previous year. Over the last five years, it experienced an average annual decline of 1.65%, indicating a challenging period for this industry.
Future trends to watch for include the impact of sustainable practices and technologies as the textile sector gears towards more eco-friendly production. Potential regulatory changes and shifts in consumer preferences for synthetic fabrics versus natural alternatives also stand to influence market dynamics.
How does Bulgaria rank in Woven Fabrics of Synthetic Staple Fibres Containing at Least 85% by Weight of Synthetic Staple Fibres Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 420,820,000 | 2023 | +0.86% | +0.79% | View data |
| 2 | 2 Poland | 62,976,000 | 2023 | +3.15% | +0.84% | View data |
| 3 | 3 United Kingdom | 51,508,000 | 2023 | -1.5% | -1.64% | View data |
| 4 | 4 Belgium | 33,007,000 | 2023 | -1.1% | -1.38% | View data |
| 5 | 5 Czech Republic | 14,388,000 | 2023 | +2.67% | +0.35% | View data |
| 6 | 6 Bulgaria | 12,387,000 | 2023 | +1.93% | -1.65% | |
| 7 | 7 Lithuania | 11,244,000 | 2023 | +5.64% | +2.04% | View data |
| 8 | 8 Greece | 7,761,900 | 2023 | -0.85% | -0.78% | View data |
