In 2023, Germany led the European knitted and crocheted fabrics market with a turnover share of €26.12 million, followed closely by Italy at €23.25 million. Both countries experienced declines in turnover from the previous year, with Germany down by 1.8% and Italy by 5.27%. Portugal showed modest growth at 1.09%, ranking third with €15.33 million. Meanwhile, smaller markets like Serbia and Romania expanded significantly by 35.05% and 5.75%, respectively. Other notable declines include France with a 3.76% decrease and Hungary at 2.81%.
Future trends to watch include the potential for recovery in established markets like Germany and Italy, despite their recent declines. Growth in emerging markets such as Serbia and Romania suggests opportunities for expansion. Sustainability trends and innovations in textile technology may drive significant changes in Europe’s knitted and crocheted fabric market.
Top countries in Knitted and Crocheted Fabrics Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.12 | 2023 | +6.64% | -1.8% | View data |
| 2 | 2 Italy | 23.25 | 2023 | -1.53% | -5.27% | View data |
| 3 | 3 Portugal | 15.33 | 2023 | +3.6% | +1.09% | View data |
| 4 | 4 Spain | 6.7 | 2023 | -3.4% | -0.32% | View data |
| 5 | 5 United Kingdom | 5.67 | 2023 | -1.06% | -0.75% | View data |
| 6 | 6 Poland | 5.65 | 2023 | 0% | -1.63% | View data |
| 7 | 7 Austria | 4.11 | 2023 | +5.36% | +0.72% | View data |
| 8 | 8 France | 3.88 | 2023 | -1.46% | -3.76% | View data |
| 9 | 9 Sweden | 3.01 | 2023 | +2.65% | +0.99% | View data |
| 10 | 10 Belgium | 2.3 | 2023 | +1.04% | +0.66% | View data |
