The market for Gloves, Mittens, and Mitts of Knitted or Crocheted Textiles in Ireland experienced a growth trend over the past decade, reaching a value of 26.181 million Euros in 2023. The market exhibited fluctuating growth rates, with a noteworthy decline in 2020 but substantial recovery in 2021. The last two years saw moderate growth, with a year-on-year variation of 3.85% in 2022 and 3.63% in 2023. Over the past five years, the compound annual growth rate (CAGR) was approximately 4.55%, indicating steady market resilience despite earlier volatility.
Future trends to watch for include:
- Rising consumer demand for eco-friendly and sustainable textile products could influence market dynamics.
- Innovations in fabric technology might lead to increased product differentiation and higher consumer engagement.
- Potential impacts of global economic conditions on consumer spending as interest in niche and high-performance gloves rises.
How does Ireland rank in Gloves, Mittens and Mitts of Knitted or Crocheted Textiles Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 417,910,000 | 2023 | +4% | +3.52% | View data |
| 2 | 2 France | 251,620,000 | 2023 | +3.01% | +2.79% | View data |
| 3 | 3 United Kingdom | 209,250,000 | 2023 | +1.83% | +2.68% | View data |
| 4 | 4 Poland | 142,970,000 | 2023 | +3.34% | +4.94% | View data |
| 5 | 5 Spain | 86,874,000 | 2023 | +4.98% | +4.75% | View data |
| 10 | 10 Czech Republic | 48,200,000 | 2023 | +4.15% | +4.51% | View data |
| 11 | 11 Romania | 38,985,000 | 2023 | +6.73% | +5.01% | View data |
| 12 | 12 Ireland | 26,181,000 | 2023 | +3.63% | +4.55% | |
| 13 | 13 Sweden | 24,718,000 | 2023 | +1.11% | -1.11% | View data |
| 14 | 14 Slovenia | 10,439,000 | 2023 | +4.52% | +5.38% | View data |
