The Polish market for woven fabrics of man-made filament yarns obtained from high tenacity yarns has experienced a declining trend over the past decade, with the market value decreasing from 132.61 million Euros in 2013 to 109.5 million Euros in 2023. This represents a significant decline, particularly noticeable over the last five years where the compound annual growth rate (CAGR) was -6%. The most substantial year-on-year decreases occurred between 2020 and 2023, indicating a consistent downturn in demand or other market forces during this period.
Future trends to watch for include potential industry shifts towards more sustainable materials, which could impact demand for man-made filament yarns. Additionally, technological advancements and changes in fashion or construction standards may also influence market dynamics. Policymakers and industry players should closely monitor these factors to identify new opportunities for growth or necessary adjustments to their strategies.
How does Poland rank in Woven Fabrics of Man-Made Filament Yarns Obtained from High Tenacity Yarn, Strip or the Like Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 638,670,000 | 2023 | +0.93% | +0.96% | View data |
| 2 | 2 United Kingdom | 201,750,000 | 2023 | +0.11% | +1.31% | View data |
| 3 | 3 France | 119,870,000 | 2023 | +1.34% | -1.01% | View data |
| 4 | 4 Poland | 109,500,000 | 2023 | -1.88% | -6% | |
| 5 | 5 Netherlands | 79,479,000 | 2023 | +0.31% | -4.62% | View data |
| 6 | 6 Finland | 11,813,000 | 2023 | +1.16% | +0.81% | View data |
