In 2023, Germany and Italy dominated the European market for machinery related to textile care, holding the largest shares at approximately 46.04% and 31.12%, respectively. France and Denmark followed, with 8% and 7.41%, showing moderate market presence. The Netherlands showed notable growth with a 10.47% increase from the previous year, while Spain's production also rose by 6.66%. Conversely, the United Kingdom and Portugal experienced declines of 25.33% and 6.37%. Over the past five years, the market has showcased varying growth trends among countries, with some displaying resilience and growth despite economic challenges.
Future trends to watch include technological advancements in textile machinery, which could significantly impact production efficiency and sustainability. Additionally, shifts in global textile supply chains might influence market dynamics and country shares in this sector. Increased focus on eco-friendly practices could lead to innovation and growth opportunities, especially in countries investing in green technology.
Top countries in Sold Production of Machinery for Washing, Cleaning, Wringing, Ironing, Pressing, Dyeing, Reeling and the Like of Textile Yarn and Fabrics Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 46.04 | 2023 | +11.77% | +5.27% | View data |
| 2 | 2 Italy | 31.12 | 2023 | +5.26% | +1.3% | View data |
| 3 | 3 France | 8 | 2023 | +1.17% | -0.6% | View data |
| 4 | 4 Denmark | 7.41 | 2023 | +6.57% | +1.51% | View data |
| 5 | 5 Netherlands | 3.36 | 2023 | +20.37% | +10.47% | View data |
| 6 | 6 Spain | 2.14 | 2023 | +18.91% | +6.66% | View data |
| 7 | 7 Portugal | 0.72 | 2023 | +12.94% | -6.37% | View data |
| 8 | 8 Belgium | 0.61 | 2023 | +19.18% | View data | |
| 9 | 9 United Kingdom | 0.42 | 2023 | -18.83% | -25.33% | View data |
| 10 | 10 Czechia | 0.072 | 2023 |