The UK Knitted or Crocheted Pile Fabric market showed fluctuations from 2013 to 2023, peaking in 2015 with a per capita value of $2.31. A notable decline occurred post-2015, reaching $1.75 per capita in 2023. Over the last two years, the year-on-year variations were a decrease of 1.65% from 2021 to 2022, and a decrease of 2.23% from 2022 to 2023. The five-year CAGR indicates an average annual shrinkage of approximately 2.23%.
Future trends to watch include shifts in consumer preferences, technological advancements in fabric production, and potential market recovery post-economic fluctuations. Additionally, sustainability trends and regulatory changes could impact market dynamics significantly.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sri Lanka | 4.82 | 2023 | View data | ||
| 2 | 2 Lithuania | 4.8 | 2023 | View data | ||
| 3 | 3 Colombia | 4.73 | 2023 | View data | ||
| 4 | 4 Brazil | 4.35 | 2023 | View data | ||
| 5 | 5 Romania | 3.76 | 2023 | View data | ||
| 9 | 9 Hungary | 2.44 | 2023 | View data | ||
| 10 | 10 Guatemala | 2.01 | 2023 | View data | ||
| 11 | 11 United Kingdom | 1.75 | 2023 | |||
| 12 | 12 Germany | 1.65 | 2023 | View data | ||
| 13 | 13 Canada | 1.56 | 2023 | View data | ||
