The market for Shawls, Scarves, Mufflers, Mantillas, Veils, and similar knitted or crocheted textiles in Greece demonstrated a declining trend from 2013 to 2023. The value reached 3.1 million Euros in 2023, continuing a decade-long trend of decreasing market size, reflecting a compound annual growth rate (CAGR) of -7.18% over the last five years. Noteworthy is the sharp 22% drop in 2020 attributed to external economic shocks, followed by slight recovery periods.
Future trends to watch for include:
- Potential market stabilization if economic conditions improve.
- The influence of sustainable and fashion-forward trends on consumer preferences.
- The possible impact of innovations in textile technology impacting product offerings.
- A watchful eye on fluctuations in consumer spending power as the economic landscape changes.
How does Greece 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 |
| 7 | 7 Hungary | 3,563,700 | 2023 | +1.52% | +0.95% | View data |
| 8 | 8 Finland | 3,292,700 | 2023 | -12.88% | -8.08% | View data |
| 9 | 9 Greece | 3,099,200 | 2023 | -7.62% | -7.18% | |
| 10 | 10 Slovenia | 2,003,600 | 2023 | +1.08% | +1.03% | View data |
| 11 | 11 Estonia | 1,199,100 | 2023 | -1.56% | -1.25% | View data |
