The market size volume for non-coloured cotton fabrics weighing at least 200 g/m² in Lithuania decreased to 3.6784 million square meters by 2023. Over the last two years, the market has shown negative year-on-year growth, with -3.36% in 2022 and -3.41% in 2023. The five-year CAGR indicates a modest 0.22% average annual decrease, reflecting a longer-term trend of stagnation and slight decline.
Future trends to watch for include:
- Potential economic recovery influencing demand and production volumes.
- Changes in global cotton production and supply affecting market dynamics.
- Emergence of sustainable textile trends that may boost fabric innovation.