In 2023, Italy dominated European sold production of knitwear garments, representing 38.64% of the market. The United Kingdom and Bulgaria also played significant roles, holding 18.22% and 11.64%, respectively. Notable year-on-year growth was recorded in Portugal (39.53%) and Denmark (31.15%), with Italy seeing a substantial increase of 20.66%. Conversely, Bulgaria and France experienced declines of 3.03% and 10.32%. Over the last five years, the compound annual growth rate (CAGR) indicates expansion in countries like Greece, while Lithuania and Croatia saw reductions.
Future trends to watch include potential growth in technological advancements for manufacturing, sustainability efforts, and evolving consumer preferences focused on leisure and activewear. Countries like Portugal and Denmark could see continued growth if they capitalize on these trends, while traditional market leaders should innovate to maintain their competitive edge. Adaptation to changes in trade agreements and economic conditions will also be crucial.
Top countries in Sold Production of Tracksuits, Ski Suits, Swimwear and Other Garments of Knitted or Crocheted Textiles Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 38.64 | 2023 | -1.83% | +20.66% | View data |
| 2 | 2 United Kingdom | 18.22 | 2023 | +3.45% | +5.22% | View data |
| 3 | 3 Bulgaria | 11.64 | 2023 | +4.73% | -3.03% | View data |
| 4 | 4 Estonia | 11.42 | 2023 | +4.76% | +7.93% | View data |
| 5 | 5 Portugal | 9.35 | 2023 | +14.49% | +39.53% | View data |
| 6 | 6 Poland | 3.54 | 2023 | +1.06% | +0.086% | View data |
| 7 | 7 France | 3.49 | 2023 | -13.73% | -10.32% | View data |
| 8 | 8 Greece | 2.86 | 2023 | +18.97% | +27.23% | View data |
| 9 | 9 Czechia | 1.91 | 2023 | |||
| 10 | 10 Serbia | 1.45 | 2023 | +5.41% | +6.52% | View data |
