The market size value per capita for knitted or crocheted shawls, scarves, mufflers, mantillas, veils, and similar textiles in Greece has experienced a consistent decline from 2013 to 2023. In 2023, the value was at €0.30 per capita, indicating a significant decrease over the decade. Year-on-year variations show a general downward trend with slight fluctuations, including a 11.76% decrease from 2019 to 2020 and a stabilization at €0.30 from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) reveals an average decline.
Future trends to watch for:
- Potential market recovery influenced by tourism growth and rising fashion trends.
- Consumer preference shifts towards sustainable and eco-friendly materials.
- Digital marketing and online retail could drive market dynamics.