The European Knitted or Crocheted Fabrics Market in 2024 showcases Portugal as the leader with a market share of 30.53%, followed by the United Kingdom and Poland with 17.12% and 15.26% respectively. Historical data from 2023 shows growth in Portugal (0.71%), Poland (1.49%), and Bulgaria (1.0%), while Romania, Spain, Hungary, Lithuania, and Croatia exhibited declines. Notably, Croatia faced the steepest drop of 9.41% year-on-year. Estonia showed resilience with a growth of 1.25%.
In future trends, the European market could see increasing competition, with sustainable and innovative textile solutions driving growth, particularly from emerging markets. Diversification and adaptation to eco-friendly practices may become integral for maintaining and gaining market share.
Top countries in Knitted or Crocheted Fabrics Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 30.53 | 2023 | +1.99% | +0.71% | View data |
| 2 | 2 United Kingdom | 17.12 | 2023 | -0.16% | +0.2% | View data |
| 3 | 3 Poland | 15.26 | 2023 | +1.44% | +1.49% | View data |
| 4 | 4 Bulgaria | 12.46 | 2023 | +0.081% | +1% | View data |
| 5 | 5 Romania | 12.26 | 2023 | -1.95% | -1.6% | View data |
| 6 | 6 Spain | 3.67 | 2023 | -2.64% | -0.95% | View data |
| 7 | 7 Hungary | 3.11 | 2023 | -3.14% | -2.52% | View data |
| 8 | 8 Lithuania | 2.27 | 2023 | -1.68% | -1.44% | View data |
| 9 | 9 Croatia | 1.94 | 2023 | -13.49% | -9.41% | View data |
| 10 | 10 Estonia | 1.37 | 2023 | +2.26% | +1.25% | View data |