The Finnish market for knitted or crocheted textiles such as shawls, scarves, and veils has experienced a significant decline over the past decade, falling from 8.6551 million euros in 2013 to 3.2927 million euros by 2023. Notable year-on-year decreases include a drastic drop of 22.14% in 2014 and a further 12.88% decrease in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at -8.08%, reflecting an ongoing downward trend.
Future trends to watch include:
- An increased focus on sustainable and ethically sourced materials, potentially driving renewed interest in these products.
- A growing preference for multifunctional and versatile accessories that could reshape consumer purchasing behavior.
- Technological advancements such as smart textiles may introduce new product categories and rejuvenate market interest.
How does Finland rank in Shawls, Scarves, Mufflers, Mantillas, Veils and the Like of Knitted or Crocheted Textiles Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 67,437,000 | 2023 | -0.35% | -1.47% | View data |
| 2 | 2 Germany | 59,522,000 | 2023 | -10.44% | -7.1% | View data |
| 3 | 3 Spain | 40,430,000 | 2023 | -1.26% | -1% | View data |
| 4 | 4 France | 36,083,000 | 2023 | -7.26% | -8.09% | View data |
| 5 | 5 Ireland | 9,822,300 | 2023 | +5.31% | +3.15% | View data |
| 6 | 6 Poland | 9,664,400 | 2023 | -0.72% | -0.77% | View data |
| 7 | 7 Hungary | 3,563,700 | 2023 | +1.52% | +0.95% | View data |
| 8 | 8 Finland | 3,292,700 | 2023 | -12.88% | -8.08% | |
| 9 | 9 Greece | 3,099,200 | 2023 | -7.62% | -7.18% | View data |
| 10 | 10 Slovenia | 2,003,600 | 2023 | +1.08% | +1.03% | View data |
