The market size volume of knitted or crocheted garments, including tracksuits, ski suits, and swimwear in Austria, stood at 1.8718 million kilograms in 2023. Over the past decade, the market experienced fluctuations with growth peaking in 2015 at 25.87%. However, it witnessed significant drops in 2017 and 2019, with year-on-year variations recording -11.41% and -18.99%, respectively. Recent years have shown moderate stabilization with small gains from 2020 to 2023. The 5-year CAGR ending in 2023 was -2.95%, indicating a slight contraction across that period.
Future trends to watch for include:
- Consumer shifts towards sustainable and eco-friendly products, potentially impacting production methods and materials.
- Technological advancements in textile production that could offer new functionalities and appeal to consumers.
- Potential economic fluctuations and their impact on consumer spending within this sector.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 8,400,900 | 2023 | +1.34% | +1.69% | View data |
| 2 | 2 Austria | 1,871,800 | 2023 | +2.7% | -2.95% | |
| 3 | 3 Sweden | 1,261,800 | 2023 | +3.1% | +1.17% | View data |
| 4 | 4 Ireland | 1,073,100 | 2023 | +4.12% | +1.52% | View data |
| 5 | 5 Finland | 461,600 | 2023 | -0.068% | -1.69% | View data |
