In 2023, Germany led in European textile, apparel, and leather machinery production value, followed by Italy and France. Germany experienced a small growth of 0.97%, while Italy saw a decline of 0.16%. France showed a notable increase of 2%. Other significant deviations include a sharp decline in Belgium (-9.35%) and a solid growth in Sweden (3.88%). Eastern European countries like Serbia and Bulgaria recorded notable gains of 4.94% and 1.49%, respectively, indicating gradual industrial development.
Looking ahead, potential trends include increased automation, sustainability focus, and shifts due to supply chain realignments. Germany's leadership might be challenged if Italy regains momentum or if emerging markets surge. Watch for innovations embracing green technologies, which might redefine production landscapes across Europe.
Top countries in Textile, Apparel and Leather Machinery Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,610 | 2023 | +5.65% | +0.97% | View data |
| 2 | 2 Italy | 3,480 | 2023 | +7.05% | -0.16% | View data |
| 3 | 3 France | 1,550 | 2023 | +4.34% | +2% | View data |
| 4 | 4 Belgium | 528.5 | 2023 | -1.38% | -9.35% | View data |
| 5 | 5 Czech Republic | 507.4 | 2023 | +1.32% | -1.03% | View data |
| 6 | 6 Spain | 286 | 2023 | +5.03% | -1.62% | View data |
| 7 | 7 Sweden | 200.3 | 2023 | +0.05% | +3.88% | View data |
| 8 | 8 United Kingdom | 152.4 | 2023 | -0.13% | +1.52% | View data |
| 9 | 9 Portugal | 128.7 | 2023 | +2.96% | +1.58% | View data |
| 10 | 10 Austria | 128.2 | 2023 | +6.04% | +1.25% | View data |
