In 2024, the leading European countries in the sold production of ties, bow ties, and cravats made of silk or silk waste are Italy, France, and Spain. Italy leads significantly, far surpassing France and Spain. A noticeable decline in production is observed in France (-7.57%) and the United Kingdom (-16.44%) from 2023. Additionally, Croatia, Austria, and Denmark also exhibit production decreases, with Croatia experiencing the largest year-on-year drop of 23.78%.
Future trends to watch include a potential recovery or further decline, driven by global silk demand fluctuations, economic conditions in Europe, and shifts in consumer preference towards sustainable fashion materials. Italy's dominance may continue, while others need innovation to maintain relevance.
Top countries in Sold Production of Ties, Bow Ties and Cravats of Silk or Silk Waste by Country
| # | 8 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,660,100 | 2021 | -80.07% | -20.83% | View data |
| 2 | 2 France | 661,900 | 2023 | -11.73% | -7.57% | View data |
| 3 | 3 Spain | 515,870 | 2023 | -1.78% | -1.42% | View data |
| 4 | 4 United Kingdom | 283,090 | 2023 | -28.21% | -16.44% | View data |
| 5 | 5 Croatia | 12,120 | 2023 | -46.78% | -23.78% | View data |
| 6 | 6 Austria | 6,600 | 2023 | -0.4% | -7.8% | View data |
| 7 | 7 Lithuania | 4,930 | 2023 | -0.081% | -3.08% | View data |
| 8 | 8 Denmark | 3,400 | 2023 | -19.52% | -8.54% | View data |
