In 2023, Germany led the European market for sold production of repair and maintenance of machinery for textile, apparel, and leather production, followed by Italy and Spain. The United Kingdom saw a significant year-on-year increase of nearly 50%, indicating strong growth compared to its peers. In contrast, France and Belgium experienced slight declines. Central and Eastern European countries like Poland and Czechia showed smaller scale operations, with Poland experiencing a decline. Lithuania faced the sharpest drop among all countries, highlighting difficulties in maintaining its presence in the market.
Looking forward, Germany and Italy are expected to maintain their leadership due to their established industrial bases. The United Kingdom presents promising growth opportunities and could expand its market share. Eastern European countries may experience gradual growth with increasing investment in industrial capabilities, which could help stabilize and potentially increase their market presence. Technological advancements and increasing demand for sustainable processes are likely to shape future market dynamics.
Top countries in Sold Production of Repair and Maintenance of Machinery for Textile, Apparel and Leather Production by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 84,111,000 | 2021 | View data | ||
| 2 | 2 Italy | 66,921,000 | 2023 | +2.21% | +0.46% | View data |
| 3 | 3 Spain | 24,264,000 | 2023 | +7.71% | +1.46% | View data |
| 4 | 4 United Kingdom | 19,806,000 | 2023 | +5.99% | +49.81% | View data |
| 5 | 5 France | 18,405,000 | 2023 | +0.84% | -0.5% | View data |
| 6 | 6 Czechia | 2,744,000 | 2023 | |||
| 7 | 7 Belgium | 1,708,500 | 2023 | -11.49% | -12.68% | View data |
| 8 | 8 Netherlands | 1,253,300 | 2023 | +4.83% | -0.5% | View data |
| 9 | 9 Poland | 1,235,300 | 2023 | +2.01% | -4.17% | View data |
| 10 | 10 Bulgaria | 905,310 | 2023 | +2.09% | +3.22% | View data |
