The knitted or crocheted textiles market in Estonia has shown a steady growth trajectory, achieving a market size value of 27.048 million Euros in 2023. Over the past decade, year-on-year growth varied, with significant increases like 12.1% in 2016 and moderate fluctuations in subsequent years, such as 4.61% in 2023. The compound annual growth rate (CAGR) over the last five years was 2.44%, reflecting consistent, albeit slowing, growth.
Future trends to watch:
- Continued modest growth driven by consumer preferences for sustainable and eco-friendly textiles.
- Potential market disruptions due to global supply chain challenges and economic factors.
- Innovation and customization in textile production as a means to capture consumer interest and expand market share.
How does Estonia rank in T-Shirts, Singlets and Vests of Knitted or Crocheted Textiles Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,292,800,000 | 2023 | +0.98% | -1.68% | View data |
| 2 | 2 United Kingdom | 2,118,000,000 | 2023 | +0.18% | +0.87% | View data |
| 3 | 3 France | 2,105,700,000 | 2023 | +4.96% | +1.88% | View data |
| 4 | 4 Austria | 663,300,000 | 2023 | +2.49% | +2.34% | View data |
| 5 | 5 Italy | 380,950,000 | 2023 | -2.17% | -2.83% | View data |
| 14 | 14 Slovenia | 88,705,000 | 2023 | +2.56% | +2.68% | View data |
| 15 | 15 Latvia | 33,936,000 | 2023 | +3.15% | +6.34% | View data |
| 16 | 16 Estonia | 27,048,000 | 2023 | +4.61% | +2.44% | |
