In 2023, Italy led the European market for synthetic staple fibres yarn containing at least 85% by weight of such fibres, representing 27.49% of the total volume share. Germany followed closely with a 25.92% share, although it experienced a significant year-on-year decrease of 4.51%. Spain, at 20.31%, showed growth with a 3.32% increase. The United Kingdom and France held 10.29% and 7.85%, respectively, with the UK improving by 2.58% and France declining slightly by 0.9%. Other noteworthy shares included Austria (3%), Poland (2.61%), Denmark (1.11%), Greece (0.76%), Lithuania (0.57%), and Sweden (0.082%).
Looking ahead, several trends could impact the market:
- Demand for sustainable and eco-friendly fibres might increase, influencing production techniques and material choices.
- Technological advancements in fibre processing could reduce costs, potentially shifting market dynamics.
- Economic fluctuations in Europe are likely to affect consumer spending and textile demand, posing both risks and opportunities.
- Trade regulations and compliance with environmental standards are expected to shape market accessibility and competitiveness.
Top countries in Synthetic Staple Fibres Yarn Containing at Least 85% by Weight of Such Fibres Market Size Volume Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 27.49 | 2023 | +1.81% | +1.91% | View data |
| 2 | 2 Germany | 25.92 | 2023 | -2.61% | -4.51% | View data |
| 3 | 3 Spain | 20.31 | 2023 | +2.42% | +3.32% | View data |
| 4 | 4 United Kingdom | 10.29 | 2023 | +1.5% | +2.58% | View data |
| 5 | 5 France | 7.85 | 2023 | +1.07% | -0.9% | View data |
| 6 | 6 Austria | 3 | 2023 | +1.44% | +1.68% | View data |
| 7 | 7 Poland | 2.61 | 2023 | -10.12% | -8.12% | View data |
| 8 | 8 Denmark | 1.11 | 2023 | -0.54% | +0.2% | View data |
| 9 | 9 Greece | 0.76 | 2023 | -0.6% | -1.17% | View data |
| 10 | 10 Lithuania | 0.57 | 2023 | +0.26% | +1.33% | View data |
