The European textiles finishing industry in 2023 showed Germany leading with 16.55% enterprise share, followed by Italy at 14.23%, and Poland at 11.11%. Germany's enterprise count grew by 3.16%, while Italy declined by 2.7%. Notably, Belgium and the Netherlands exhibited significant growth, with year-on-year increases of 19.58% and 11.76%, respectively. Conversely, Sweden faced a major reduction, decreasing by 9.91%. Iceland, though minimal in share, marked the highest percentage increase at 25.74%.
Future trends to watch include:
- An expanding digitalization and innovation drive, focusing on sustainability.
- Potential growth in Eastern Europe, driven by cost advantages and improving infrastructure.
- Possible consolidation in mature markets as enterprises strive for efficiency and competitive advantage.
Top countries in Textiles Finishing Number of Enterprises Share by Country (Units (Enterprises))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16.55 | 2023 | +2.37% | +3.16% | View data |
| 2 | 2 Italy | 14.23 | 2023 | -3.44% | -2.7% | View data |
| 3 | 3 Poland | 11.11 | 2023 | +1.71% | -0.016% | View data |
| 4 | 4 United Kingdom | 10.34 | 2023 | +1.93% | +2.24% | View data |
| 5 | 5 Netherlands | 9.85 | 2023 | +9.28% | +11.76% | View data |
| 6 | 6 Spain | 8.06 | 2023 | +1% | +1.4% | View data |
| 7 | 7 France | 5.14 | 2023 | +0.17% | +1.22% | View data |
| 8 | 8 Belgium | 5.13 | 2023 | +11.61% | +19.58% | View data |
| 9 | 9 Portugal | 4.23 | 2023 | +0.21% | +0.73% | View data |
| 10 | 10 Romania | 2.25 | 2023 | +4.98% | +9.6% | View data |
