The European production of terry towelling and similar woven terry fabrics of cotton is dominated by Italy, which leads with 37.578 million square meters in 2023, experiencing a substantial annual increase of 65.85%. Portugal follows with 28.493 million square meters, showing a slight decline of 1.57% year-on-year. Germany maintains moderate production levels with a decrease of 2.03% while Spain, Lithuania, and Hungary have minimal outputs, with Lithuania and Hungary displaying significant and negligible changes respectively. The five-year Compound Annual Growth Rate (CAGR) suggests a dynamic trend, notably driven by Italy's growth.
Future trends to watch for include advancements in production technologies, sustainability emphasis, and market expansions. Italy's strong growth trajectory might continue due to potential investments in efficiency and quality improvements. Meanwhile, less dominant producers may seek niches or collaborate to enhance their competitive standing, while facing challenges in sustainability and innovation adoption.
Top countries in Production of Terry Towelling and Similar Woven Terry Fabrics of Cotton by Country
| # | 6 Countries | Square Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37,578,000 | 2023 | +15.31% | +65.85% | View data |
| 2 | 2 Portugal | 28,493,000 | 2023 | +1.97% | -1.57% | View data |
| 3 | 3 Germany | 4,329,300 | 2023 | -3.47% | -2.03% | View data |
| 4 | 4 Spain | 281,000 | 2021 | View data | ||
| 5 | 5 Lithuania | 3,840 | 2023 | -6.95% | -30.28% | View data |
| 6 | 6 Hungary | 1,490 | 2023 | +12.65% | View data |
