The market for woven fabrics of carded or combed wool, fine animal hair, coarse animal hair, or horsehair in Portugal has shown a significant evolution over the past decade, reaching 83.007 million euros in 2023. After a marked increase from 2015 to 2019, a dip occurred in 2020, before a rebound in subsequent years. Between 2018 and 2023, the market experienced a moderate year-on-year growth of around 2-3%, culminating in a compound annual growth rate of 3.03% over the last five years.
Future trends to watch for include potential impacts of sustainable practices, which may reshape manufacturing processes and sourcing of raw materials. Additionally, technological advancements in fabric production and changing consumer preferences towards environmentally-friendly and high-quality fabrics could significantly influence market dynamics.
How does Portugal rank in Woven Fabrics of Carded or Combed Wool or Fine Animal Hair or of Coarse Animal Hair or of Horsehair Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 138,900,000 | 2023 | -0.7% | -0.23% | View data |
| 2 | 2 France | 117,110,000 | 2023 | +3.57% | +2.76% | View data |
| 3 | 3 Bulgaria | 85,478,000 | 2023 | -1.11% | -2.04% | View data |
| 4 | 4 United Kingdom | 83,396,000 | 2023 | +2.52% | +2.48% | View data |
| 5 | 5 Portugal | 83,007,000 | 2023 | +2.56% | +3.03% | |
| 6 | 6 Poland | 70,005,000 | 2023 | +1.03% | +0.11% | View data |
| 7 | 7 Croatia | 15,203,000 | 2023 | -3.69% | -3.67% | View data |