The market for knitted or crocheted shawls, scarves, mufflers, mantillas, veils, and similar products in Estonia has seen fluctuations from 2013 to 2023. The market value in 2023 stood at 1.1991 million euros. The year-on-year variation from 2022 to 2023 indicated a decline of 1.56%, following a previous increase of 2.21% from 2021 to 2022. Over the last five years, a compound annual growth rate (CAGR) of -1.25% was reported, indicating a generally contracting market size over this period.
Future trends to watch for:
- Potential for sustainable textiles becoming more popular, potentially expanding market opportunities.
- Increasing consumer interest in multifunctional and eco-friendly fashion items.
- Technological advancements in textile manufacturing could influence market dynamics.
- Global economic conditions and fashion trends impacting consumer spending in Estonia.
How does Estonia rank in Shawls, Scarves, Mufflers, Mantillas, Veils and the Like of Knitted or Crocheted Textiles Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 67,437,000 | 2023 | -0.35% | -1.47% | View data |
| 2 | 2 Germany | 59,522,000 | 2023 | -10.44% | -7.1% | View data |
| 3 | 3 Spain | 40,430,000 | 2023 | -1.26% | -1% | View data |
| 4 | 4 France | 36,083,000 | 2023 | -7.26% | -8.09% | View data |
| 5 | 5 Ireland | 9,822,300 | 2023 | +5.31% | +3.15% | View data |
| 9 | 9 Greece | 3,099,200 | 2023 | -7.62% | -7.18% | View data |
| 10 | 10 Slovenia | 2,003,600 | 2023 | +1.08% | +1.03% | View data |
| 11 | 11 Estonia | 1,199,100 | 2023 | -1.56% | -1.25% | |
| 12 | 12 Latvia | 1,188,700 | 2023 | +1.78% | +0.72% | View data |