The European sold production of machinery parts for textiles, apparel, and leather shows Germany as the dominant market leader with a staggering 289.5 million Euros. Italy and Spain follow, though much smaller in production. Noticeable year-on-year growth is noted in Germany (30.91%) and France (42.99%), while countries like the UK and Belgium saw declines. Over the last two years, these trends suggest increasing production consolidation within major players.
Future trends to watch:
- Expansion in Eastern European countries like Poland and Czechia, which currently have lower production volumes but potential for growth.
- Potential technological advancements and innovations driving value in traditional strongholds like Germany and Italy.
- Monitoring the impact of sustainability demands on production and material sourcing throughout Europe.
Top countries in Sold Production of Parts of Machinery for Production of Textiles and Apparel and for the Working of Leather by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 289,500,000 | 2023 | +1.75% | +30.91% | View data |
| 2 | 2 Italy | 116,000,000 | 2023 | -1.09% | -0.53% | View data |
| 3 | 3 Spain | 81,810,000 | 2023 | +6.22% | +3.25% | View data |
| 4 | 4 Czechia | 29,791,000 | 2023 | |||
| 5 | 5 Poland | 27,358,000 | 2023 | +5.71% | +5.35% | View data |
| 6 | 6 France | 14,479,000 | 2023 | +24.56% | +42.99% | View data |
| 7 | 7 Slovakia | 11,283,000 | 2023 | +5.76% | +24.96% | View data |
| 8 | 8 Austria | 10,089,000 | 2023 | +9.81% | +3.83% | View data |
| 9 | 9 Hungary | 4,912,300 | 2023 | +4.09% | +2.77% | View data |
| 10 | 10 United Kingdom | 4,191,900 | 2023 | -10.16% | -12.35% | View data |
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