The market size value for non-coloured cotton fabrics weighing at most 200 g/m² in Lithuania stood at 8.1531 million euros in 2023. This follows a consistent downward trend observed over the last decade, particularly from 2017 onward. A notable decrease occurred in 2017, with a year-on-year decline of 25.78%. Over the past two years, the market continued to shrink, with year-on-year contractions of 4.55% in 2022 and 4.72% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was -5.39%.
Future trends to watch for in this sector include potential rebounds driven by technological advancements in textile production and increased demand for sustainable fabrics. Additionally, any changes in consumer preferences towards eco-friendly products could influence market demand positively, whereas economic instability or disruptions in the supply chain could further pressurize the market.
