Italy, with 69.73% of the market share, dominates the European production of men's and boy's knitted or crocheted textile apparel, despite a slight 1.08% decrease in 2023. Portugal, the second-largest player, experienced a 5.13% increase, while the UK saw an 8.72% rise, indicating robust growth. Bulgaria and Hungary also showed significant year-on-year growth at 9.71% and 10.01%, respectively. In contrast, Spain suffered a sharp 20.08% decline. Croatia posted the most substantial growth at 45.76%, albeit from a lower base, highlighting a potential emerging player in the sector.
Future trends to monitor include the potential continued growth in Eastern European countries like Croatia and Bulgaria, as well as the impact of sustainable production practices, which could alter competitive dynamics. Additionally, Italy's ability to maintain its leadership amidst slight declines will be crucial as other nations enhance their production capabilities.
Top countries in Sold Production of Men's or Boy's Suits, Ensembles, Jackets, Blazers, Trousers, Bib and Brace Overalls, Breeches and Shorts of Knitted or Crocheted Textiles Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 69.73 | 2023 | +17.23% | -1.08% | View data |
| 2 | 2 Portugal | 9.18 | 2023 | +9.77% | +5.13% | View data |
| 3 | 3 United Kingdom | 4.24 | 2023 | +3.68% | +8.72% | View data |
| 4 | 4 Lithuania | 2.52 | 2023 | +4.85% | +4.84% | View data |
| 5 | 5 Bulgaria | 1.85 | 2023 | +5.63% | +9.71% | View data |
| 6 | 6 Poland | 1.15 | 2023 | +1.59% | +3.5% | View data |
| 7 | 7 Romania | 1.03 | 2023 | -2.83% | -7.12% | View data |
| 8 | 8 Germany | 1 | 2023 | -5.7% | -3.69% | View data |
| 9 | 9 France | 0.68 | 2023 | +3.85% | +0.22% | View data |
| 10 | 10 Austria | 0.65 | 2023 | -6.79% | -7.38% | View data |
