The Textile, Apparel, and Leather Production Machinery market in Poland experienced fluctuations from 2013 to 2023. The market showed a marked decline from 2014 to 2016, following an initial increase from 2013 to 2014. The value began to stabilize between 2017 and 2020, with minor year-on-year increases. However, a downward trend was observed again from 2021 to 2023, with the market size in 2023 standing at 118.52 Million Euros. These fluctuations resulted in a negative cumulative annual growth rate (CAGR) over the last five years.
Key Trends:
- Significant decrease from 2014 to 2016
- Stabilization with small growth increments from 2017 to 2020
- Recent declines from 2021 to 2023
Future trends to watch for include the impact of technological advancements and automation in textile machinery, potential economic rebounds post-2023, and shifts in global supply chains affecting local manufacturing investments.
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,230,200,000 | 2023 | +1.27% | +1.95% | View data |
| 2 | 2 United Kingdom | 309,750,000 | 2023 | +1.6% | +2.04% | View data |
| 3 | 3 Spain | 234,830,000 | 2023 | -1.78% | -3.3% | View data |
| 4 | 4 Poland | 118,520,000 | 2023 | -3.45% | -0.12% | |
| 5 | 5 Finland | 41,896,000 | 2023 | +2.44% | +2.03% | View data |
| 6 | 6 Bulgaria | 39,986,000 | 2023 | +0.77% | -0.17% | View data |
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