From 2013 to 2023, the market for woven fabrics of synthetic staple fibers mixed mainly with cotton in Italy has shown a clear downward trend, declining from 111.93 to 61.663 million square meters. The market saw its most significant contraction between 2014 and 2015 with a 22.29% decline. The last two years continue this trend with a decrease of 3.05% in 2022 and a 5.51% fall in 2023. The five-year compounded annual growth rate (CAGR) reflected a decrease of 3.6%.
Future trends to watch for include:
- Potential recovery with innovation in sustainable synthetic fibers.
- Increased demand for eco-friendly textiles may alter market dynamics.
- Impact of global trade policies and local manufacturing incentives could stabilize or further influence market volume.