The market for garments made up of felt or non-wovens, and textile fabrics impregnated or coated in Sweden showed a value of €123.61 million in 2023. Over the preceding decade, the market experienced fluctuations with notable growth in 2015 and 2021, contrasted by declines in years like 2014 and 2020. The latest compound annual growth rate (CAGR) over the past five years is marginally positive at 0.57%. The market saw an increase of 1.32% from 2022 to 2023, indicating slight recovery or stabilization following previous volatility.
- The market is expected to stabilize with modest growth opportunities in the coming years.
- Innovation in sustainable materials may drive demand.
- Monitoring potential regulatory impacts on textile and garment production is vital.
- Economic conditions and consumer behavior shifts post-pandemic could affect market dynamics.
How does Sweden rank in Garments Made Up of Felt or Non-Wovens, Textile Fabrics Impregnated or Coated Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 677,830,000 | 2023 | +1.59% | +1.02% | View data |
| 2 | 2 United Kingdom | 286,020,000 | 2023 | +0.39% | +0.02% | View data |
| 3 | 3 Poland | 151,350,000 | 2023 | +2.95% | +1.9% | View data |
| 4 | 4 Austria | 124,340,000 | 2023 | -0.34% | +0.7% | View data |
| 5 | 5 Sweden | 123,610,000 | 2023 | +1.32% | +0.57% | |
| 6 | 6 Finland | 81,253,000 | 2023 | +1.51% | +2.44% | View data |
| 7 | 7 Czech Republic | 74,823,000 | 2023 | +1.69% | +2.81% | View data |