The Gimped Yarn and Gimped Strip market in France experienced a gradual decline in volume from 2013 to 2023. In 2023, the market stood at 1.1859 million kilograms. Over the last decade, the market saw fluctuations with noticeable contractions, particularly in 2016, 2021, 2022, and 2023, contributing to an overall downward trend. The compound annual growth rate (CAGR) from 2018 to 2023 indicates an average decline of 5.37% per year. Year-on-year variations in 2022 and 2023 were -4.31% and -4.46%, respectively, underscoring a consistent reduction in market volume.
Looking forward, key trends to monitor include potential demand shifts influenced by sustainable textile initiatives and technological advancements in production efficiency. The market may also be impacted by broader economic conditions and emerging fashion trends that could either bolster or further dampen demand for gimped yarns and strips in France.
