In 2023, Italy dominated European sold production of leather gloves with a share of 42.6%, showing a 74.48% year-on-year increase. France and Romania followed, holding 19.6% and 18.45% shares respectively, though both experienced slight declines. Conversely, the UK saw a significant drop by 19.76%. Notably, markets such as Bulgaria experienced positive growth despite their smaller market size, while Finland continued to decline.
Looking ahead, trends indicate Italy's robust growth may stabilize, while countries experiencing declines might focus on innovation and sustainable production methods. The ongoing shifts in consumer preferences towards eco-friendly products could further shape market landscapes.
Top countries in Sold Production of Gloves, Mittens and Mitts of Leather or Composition Leather Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.6 | 2023 | +20.51% | +74.48% | View data |
| 2 | 2 France | 19.6 | 2023 | -5.63% | -7.75% | View data |
| 3 | 3 Romania | 18.45 | 2023 | -0.33% | -1.69% | View data |
| 4 | 4 Hungary | 7.46 | 2023 | -14.41% | -10.12% | View data |
| 5 | 5 Spain | 2.88 | 2023 | +6.19% | -2.52% | View data |
| 6 | 6 United Kingdom | 2.45 | 2023 | -25.85% | -19.76% | View data |
| 7 | 7 Czechia | 1.91 | 2023 | |||
| 8 | 8 Bulgaria | 0.31 | 2023 | +5.62% | +4.77% | View data |
| 9 | 9 Finland | 0.059 | 2023 | -43.18% | -13.37% | View data |