The European market for the production of rubber thread and cord, and textile yarn and strip, shows Italy as the leader with a significant share, followed by France and Germany. Italy saw an impressive 11.13% growth in 2023, while France continued a positive trend with a 7.47% increase. Germany displayed a slight decline of 0.58%. Smaller markets like Lithuania and Croatia experienced marginal growth, whereas Romania and Estonia faced downward trends. Denmark's production remained stagnant. Over the last five years, this sector's CAGR indicates a varied but generally steady progression across these countries.
Future trends to watch include technological advancements in textile manufacturing and sustainability practices that could reshape the industry landscape. Additionally, fluctuations in raw material prices and regulatory changes might impact production and investment strategies among European producers.
Top countries in Sold Production of Rubber Thread and Cord, Textile Covered, Textile Yarn and Strip Impregnated, Coated, Covered or Sheathed with Rubber or Plastics Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37.6 | 2023 | +2.71% | +11.13% | View data |
| 2 | 2 France | 34.98 | 2023 | +8.22% | +7.47% | View data |
| 3 | 3 Germany | 20.89 | 2023 | +6.23% | -0.58% | View data |
| 4 | 4 Spain | 2.3 | 2021 | View data | ||
| 5 | 5 Lithuania | 0.58 | 2023 | +1.78% | +0.37% | View data |
| 6 | 6 Romania | 0.34 | 2023 | +0.74% | -1.49% | View data |
| 7 | 7 Croatia | 0.25 | 2023 | +4.56% | +3.7% | View data |
| 8 | 8 Estonia | 0.12 | 2023 | -0.56% | -1.9% | View data |
| 9 | 9 Denmark | 0.001 | 2023 | +29.44% | View data |
