Italy leads the European textiles finishing market, contributing 27.39 million euros, despite a 3.26% decline in 2023. Germany follows with 20.4 million euros and a slight decrease of 0.68%. Spain and Portugal showed growth, increasing by 1.46% and 2.58% respectively. The United Kingdom experienced a marginal drop of 0.019%, while France and Austria faced significant declines of 6.26% and 7.71%. Notably, Hungary and Cyprus demonstrated significant growth at 3.42% and 10.44% respectively. Smaller markets such as Iceland observed a notable 7.46% increase.
Future trends to watch include the potential for recovery in declining markets like Italy and France. Growth in emerging markets such as Hungary and Romania could reshape the market landscape. The impact of sustainability trends and technological advancements might further influence turnover distribution across European countries.
Top countries in Textiles Finishing Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.39 | 2023 | -1.4% | -3.26% | View data |
| 2 | 2 Germany | 20.4 | 2023 | +5.19% | -0.68% | View data |
| 3 | 3 Spain | 11.68 | 2023 | +4.38% | +1.46% | View data |
| 4 | 4 United Kingdom | 11.56 | 2023 | -0.68% | -0.019% | View data |
| 5 | 5 Portugal | 9.36 | 2023 | +2.37% | +2.58% | View data |
| 6 | 6 Poland | 4.79 | 2023 | +0.89% | +2.37% | View data |
| 7 | 7 Switzerland | 2.66 | 2023 | -0.059% | +0.059% | View data |
| 8 | 8 France | 2.37 | 2023 | -4.4% | -6.26% | View data |
| 9 | 9 Belgium | 2.22 | 2023 | -0.91% | -2.99% | View data |
| 10 | 10 Romania | 1.58 | 2023 | +9.05% | +2.49% | View data |
