The market for Tracksuits, Ski Suits, Swimwear, and Other Garments of Knitted or Crocheted Textiles in Austria showed fluctuations between 2013 and 2023, with a peak in 2015 and gradual declines thereafter. In 2023, the market stood at 156.06 million euros, representing a slight increase of 0.68% compared to 2022. Over the last five years, the compound annual growth rate (CAGR) reflects a negative trend of -3.1%, indicating a general decline in market value with the most notable decreases occurring post-2018.
Future trends to watch for include:
- Potential market stabilization following recent declines.
- Innovations in textile technology making garments more appealing.
- Shifts toward sustainable and eco-friendly products impacting consumer preference.
- Recovery post-economic slowdowns influencing consumer spending.
How does Austria rank in Tracksuits, Ski Suits, Swimwear and Other Garments of Knitted or Crocheted Textiles Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 484,830,000 | 2023 | +0.8% | +1.38% | View data |
| 2 | 2 United Kingdom | 447,280,000 | 2023 | +2.17% | +1.9% | View data |
| 3 | 3 Austria | 156,060,000 | 2023 | +0.68% | -3.1% | |
| 4 | 4 Sweden | 84,589,000 | 2023 | +4.03% | +2.78% | View data |
| 5 | 5 Greece | 62,443,000 | 2023 | +0.98% | -0.76% | View data |