In 2023, Germany dominated the European market for made-up textile articles with a turnover of 28.21 million Euros, showing a significant year-on-year increase of 20.3%. The United Kingdom and Poland followed, with notable growth rates of 1.23% and 6.21%, respectively. Italy faced a decline of 3.64%, reflecting a challenging market environment. While France experienced modest growth, Spain saw a slight decrease, indicating varied market conditions across Europe. Smaller markets like Romania and Bulgaria showed strong growth, indicating potential emerging opportunities.
Future trends suggest increased digitalization and sustainability practices could influence market dynamics. Emphasis on innovation, eco-friendly products, and strengthening manufacturing capabilities may drive growth. Additionally, market volatility, geopolitical factors, and changing consumer preferences towards sustainable goods will likely impact turnover share in the coming years.
Top countries in Made-Up Textile Articles (Except Apparel) Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.21 | 2023 | +15.31% | +20.3% | View data |
| 2 | 2 United Kingdom | 12.26 | 2023 | +0.74% | +1.23% | View data |
| 3 | 3 Poland | 9.29 | 2023 | +5.83% | +6.21% | View data |
| 4 | 4 Italy | 8.79 | 2023 | -0.73% | -3.64% | View data |
| 5 | 5 France | 8.02 | 2023 | -1.24% | +1.13% | View data |
| 6 | 6 Spain | 6.8 | 2023 | 0% | -1.47% | View data |
| 7 | 7 Romania | 4.03 | 2023 | +3.76% | +8.02% | View data |
| 8 | 8 Portugal | 2.87 | 2023 | +1.13% | +0.36% | View data |
| 9 | 9 Belgium | 2.66 | 2023 | +0.052% | +1.44% | View data |
| 10 | 10 Denmark | 1.96 | 2023 | +4.3% | +5.43% | View data |