Italy leads the European textile finishing industry with a 60.04% share, despite a slight decline of 0.57% in 2023. Germany follows with a 17.01% share, experiencing a modest growth of 0.41%. Spain, the UK, and France have seen declines, with the UK and France experiencing double-digit drops. Minor markets like Romania and Ireland capitalized on growth with 7.76% and 2.34% increases, respectively. Over the last five years, the compound annual growth rate (CAGR) indicates a mixed performance, with strong resilience in specific countries amidst overall market fluctuations.
Future trends to watch for include:
- Increased innovation and automation in textile finishing processes.
- Potential market share shifts as sustainability and eco-friendly practices become more prioritized.
- The impact of trade agreements and regulations on European textile exports and imports.
Top countries in Sold Production of Textile Finishings Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 60.04 | 2023 | +1.15% | -0.57% | View data |
| 2 | 2 Germany | 17.01 | 2023 | +3.75% | +0.41% | View data |
| 3 | 3 Spain | 6.07 | 2023 | +0.99% | -1.74% | View data |
| 4 | 4 United Kingdom | 4.37 | 2023 | -9.92% | -10.75% | View data |
| 5 | 5 Portugal | 4.25 | 2023 | +5.21% | +1.61% | View data |
| 6 | 6 Poland | 1.83 | 2023 | -0.078% | -2.21% | View data |
| 7 | 7 France | 1.72 | 2023 | -17.19% | -11.96% | View data |
| 8 | 8 Romania | 0.75 | 2023 | -0.15% | +7.76% | View data |
| 9 | 9 Belgium | 0.54 | 2023 | -11.91% | -5.58% | View data |
| 10 | 10 Greece | 0.5 | 2023 | -7.54% | -16.74% | View data |
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