In 2023, the European household expenditure on home textiles varied, with Romania showing the highest expenditure relative to GDP at 0.5%. Sweden and Serbia experienced notable growth in expenditures year-over-year, with increases of 8.45% and 14.87%, respectively. Poland and the United Kingdom saw declines of -5.59%, while Greece and Croatia faced the steepest drops at -12.94%. Hungary's expenditure decreased by -7.79%. Most other countries maintained stable expenditure levels with no year-on-year changes reported.
Looking ahead, potential trends in the European home textiles market include increasing consumer demand for sustainable and eco-friendly products, technological advancements in textile manufacturing, and shifts in consumer preferences towards premium and customized home textiles. Monitoring economic conditions and changes in GDP across various European countries will be vital for understanding future spending patterns in this sector.
Top countries in Household Expenditure on Home Textiles by Country
| # | 10 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 0.5 | 2023 | 0% | +4.56% | View data |
| 2 | 2 Portugal | 0.3 | 2023 | 0% | 0% | View data |
| 3 | 3 Netherlands | 0.3 | 2023 | 0% | 0% | View data |
| 4 | 4 Sweden | 0.3 | 2023 | 0% | +8.45% | View data |
| 5 | 5 Austria | 0.3 | 2023 | 0% | 0% | View data |
| 6 | 6 Poland | 0.3 | 2023 | 0% | -5.59% | View data |
| 7 | 7 Bosnia and Herzegovina | 0.3 | 2023 | 0% | 0% | View data |
| 8 | 8 Czech Republic | 0.3 | 2023 | 0% | 0% | View data |
| 9 | 9 Norway | 0.3 | 2023 | 0% | 0% | View data |
| 10 | 10 Germany | 0.3 | 2023 | 0% | 0% | View data |
