In 2023, Italy dominated the European Preparation and Spinning of Textile Fibres sector with 42.77% of enterprises, despite a 3.43% decrease. Spain and France followed with 12.33% and 6.83%, respectively, both experiencing slight declines. Notably, the Netherlands showed significant growth at 7.5%, while Finland also displayed considerable expansion at 11.67%. Conversely, Switzerland and Austria faced notable contractions. Lithuania and Norway exhibited stable performance, with slight growth in enterprises.
Looking ahead, European textile spinning enterprises should monitor evolving trends, such as technological advancements, sustainable practices, and shifting consumer preferences. Countries investing in innovation and sustainability may see increased enterprise shares over the coming years.
Top countries in Preparation and Spinning of Textile Fibres Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.77 | 2023 | -2.38% | -3.43% | View data |
| 2 | 2 Spain | 12.33 | 2023 | -0.87% | -2.13% | View data |
| 3 | 3 France | 6.83 | 2023 | -0.52% | -0.82% | View data |
| 4 | 4 Belgium | 4.92 | 2023 | +5.38% | -0.57% | View data |
| 5 | 5 United Kingdom | 4.17 | 2023 | -0.85% | -1.17% | View data |
| 6 | 6 Germany | 3.52 | 2023 | 0% | +0.84% | View data |
| 7 | 7 Portugal | 3.31 | 2023 | -1.08% | -2.79% | View data |
| 8 | 8 Poland | 3.16 | 2023 | 0% | -0.67% | View data |
| 9 | 9 Romania | 2.05 | 2023 | 0% | -0.69% | View data |
| 10 | 10 Netherlands | 2.01 | 2023 | +3.7% | +7.5% | View data |
