In 2023, the European textile fabrics and felts for paper-making machines market saw Germany leading with 86.637 million Euros, followed by Finland with 64.065 million Euros, and Poland at 21.405 million Euros. Portugal and the Czech Republic presented smaller markets with 11.051 and 9.6419 million Euros, respectively, whereas Lithuania marked the lowest at 0.55619 million Euros. Year-on-year growth showed modest increases in Germany (2.22%) and Finland (0.42%), while declines were observed in Portugal (-0.28%), the Czech Republic (-0.32%), and particularly Lithuania (-7.26%). The market has predominantly faced fluctuation, showing divergent growth trends across different countries over recent years.
Future trends to watch for include:
- Technological advancements and sustainability practices impacting market dynamics.
- Shifts in global supply chains affecting manufacturing and distribution.
- Potential economic changes within the EU influencing the textile sector.
- Increasing competition from non-European countries impacting market shares.
Top countries in Textile Fabrics and Felts for Paper-Making Machines or Similar Machines Market Size Value by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 86,637,000 | 2023 | -0.41% | +2.22% | View data |
| 2 | 2 Finland | 64,065,000 | 2023 | +1.25% | +0.42% | View data |
| 3 | 3 Poland | 21,405,000 | 2023 | +2.73% | +0.17% | View data |
| 4 | 4 Portugal | 11,051,000 | 2023 | -1.59% | -0.28% | View data |
| 5 | 5 Czech Republic | 9,641,900 | 2023 | -0.29% | -0.32% | View data |
| 6 | 6 Lithuania | 556,190 | 2023 | -8.26% | -7.26% | View data |