The Czech Republic's market for woven fabrics of synthetic staple fibres mixed mainly with cotton has demonstrated a downward trend over the past decade, with its value declining from 2013 to 2023. In 2023, the market hit a low of 7.0454 million euros, reflecting a decreasing trajectory. Year-on-year analysis reveals persistent decrease, especially noticeable in 2022 and 2023 with declines of 5.41% and 5.66% respectively. The compound annual growth rate (CAGR) from 2018 to 2023 stands at -4.39%, indicating a steady contraction in the market size.
Future trends to watch for:
- Increasing sustainability efforts may drive innovation in synthetic-cotton fabric blends.
- Shifts in consumer preference towards natural fibres might further impact synthetic blends.
- Regulatory changes in textile production could reshape market dynamics.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 58,741,000 | 2023 | +1.76% | +0.34% | View data |
| 2 | 2 Spain | 49,786,000 | 2023 | -4.42% | -1.45% | View data |
| 3 | 3 Bulgaria | 22,952,000 | 2023 | +0.01% | +1.4% | View data |
| 4 | 4 Estonia | 17,211,000 | 2023 | +0.93% | +0.8% | View data |
| 5 | 5 Lithuania | 13,826,000 | 2023 | -3.29% | -3.01% | View data |
| 6 | 6 Slovakia | 9,034,400 | 2023 | -1.63% | -1.03% | View data |
| 7 | 7 Czech Republic | 7,045,400 | 2023 | -5.66% | -4.39% |
