The woven fabrics market of synthetic and artificial filament yarns in Bulgaria concluded 2023 with a market size of 147.88 million Euros. This represents a 1.35% increase compared to 2022, following a 1.39% rise in the previous year. The market demonstrated resilience despite a significant dip of 15.76% in 2020, with subsequent recovery marked by a robust 22.22% growth in 2021. The five-year compound annual growth rate (CAGR) is calculated at 1.71%, displaying a moderate upward trend.
Future trends to watch for:
- Potential impact of technological advancements on production efficiency.
- Increasing demand for sustainable and eco-friendly fabric options influencing market dynamics.
- Regulatory changes affecting import-export patterns in the textile industry.
- Shifts in consumer preferences and fashion trends that could drive product innovation.
How does Bulgaria rank in Woven Fabrics of Synthetic Filament Yarn and Artificial Filament Yarn Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 570,920,000 | 2023 | +1.45% | +0.98% | View data |
| 2 | 2 Italy | 545,300,000 | 2023 | -1.34% | -1.73% | View data |
| 3 | 3 Romania | 512,740,000 | 2023 | +6.98% | +0.18% | View data |
| 4 | 4 United Kingdom | 394,940,000 | 2023 | +0.2% | +0.22% | View data |
| 5 | 5 France | 355,840,000 | 2023 | +1.52% | +1.28% | View data |
| 6 | 6 Bulgaria | 147,880,000 | 2023 | +1.35% | +1.71% | |
| 7 | 7 Netherlands | 133,690,000 | 2023 | -0.038% | +0.64% | View data |
| 8 | 8 Austria | 80,510,000 | 2023 | +0.32% | -0.75% | View data |
