The market size value per capita in Spain for knitted or crocheted textiles like shawls, scarves, mufflers, mantillas, and veils has shown variability over the past decade. In 2013, the value started at €0.94, peaking in 2015 at €1.07, and then experiencing a decline with some fluctuations. By 2023, it stood at €0.86, representing a decline from its peak. The year-on-year decrease was minimal from 2022 to 2023, at approximately 1.15%. Overall, the compound annual growth rate (CAGR) over the last five years has been negative, illustrating a market contraction.
Future trends to watch for include the potential resurgence of these textiles due to growing interest in sustainable and handmade fashion items. Economic recovery and changes in fashion trends could also influence a rise in market value.
