In 2023, the European Knitted and Crocheted Apparel market displayed notable variations. Italy led with a significant growth of 15.12%, standing starkly against the general trend of decline observed in many countries. France saw a decrease of 2.7%, while Portugal experienced a modest increase of 1.53%. Spain and Poland faced declines of 4.55% and 2.06% respectively. The United Kingdom reported a considerable drop of 7.09%, and Belgium's turnover plummeted by 22.48%. Meanwhile, minor fluctuations were observed in several nations, with Croatia growing by 3.47% and Estonia by 1.06%. These data indicate a polarized market landscape, with pronounced gains and losses.
Future trends to watch in the European Knitted and Crocheted Apparel sector involve potential growth in sustainability-driven markets as consumer preferences shift towards eco-friendly products. Additionally, technological advancements in production processes and e-commerce are expected to impact turnover positively across various countries. Monitoring economic policies and international trade agreements will also be crucial in predicting market dynamics.
Top countries in Knitted and Crocheted Apparel Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8,430 | 2023 | +16.27% | +15.12% | View data |
| 2 | 2 France | 758.3 | 2023 | -3.34% | -2.7% | View data |
| 3 | 3 Portugal | 468.1 | 2023 | +5.36% | +1.53% | View data |
| 4 | 4 Spain | 411.3 | 2023 | -0.99% | -4.55% | View data |
| 5 | 5 Poland | 317.5 | 2023 | -0.94% | -2.06% | View data |
| 6 | 6 Croatia | 286.9 | 2023 | +7.9% | +3.47% | View data |
| 7 | 7 United Kingdom | 176.8 | 2023 | -10.12% | -7.09% | View data |
| 8 | 8 Romania | 155.5 | 2023 | +2.91% | -0.68% | View data |
| 9 | 9 Bulgaria | 151.2 | 2023 | +9.41% | -1.26% | View data |
| 10 | 10 Slovakia | 72.5 | 2023 | -0.82% | -1.6% | View data |
