The Austrian market for garments made up of felt or non-wovens and textile fabrics impregnated or coated showed fluctuations over the past decade, reaching a value of 124.34 million euros in 2023. After a steady growth from 2018 to 2021, 2022 saw a significant drop of 11.52%, followed by a minor decline of 0.34% in 2023. The compound annual growth rate (CAGR) over the last five years stood at 0.7%, reflecting overall stability with occasional downturns.
Future trends to watch for include:
- Technological advancements in fabric production and coating techniques.
- Increasing demand for sustainable and eco-friendly materials.
- Potential market expansion driven by innovations in non-woven applications.
How does Austria rank in Garments Made Up of Felt or Non-Wovens, Textile Fabrics Impregnated or Coated Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 677,830,000 | 2023 | +1.59% | +1.02% | View data |
| 2 | 2 United Kingdom | 286,020,000 | 2023 | +0.39% | +0.02% | View data |
| 3 | 3 Poland | 151,350,000 | 2023 | +2.95% | +1.9% | View data |
| 4 | 4 Austria | 124,340,000 | 2023 | -0.34% | +0.7% | |
| 5 | 5 Sweden | 123,610,000 | 2023 | +1.32% | +0.57% | View data |
| 6 | 6 Finland | 81,253,000 | 2023 | +1.51% | +2.44% | View data |
