In 2023, Italy led European production of handkerchiefs, shawls, and related accessories, with a significant production value of 664.94 million euros, despite a 6.23% decline from the previous year. The United Kingdom and France followed, with declines of 0.56% and 0.39%, respectively, while Germany showed remarkable growth of 38.46%. Smaller markets like Latvia and Estonia saw substantial increases of 10.32% and 7.1%. Spain and Romania experienced moderate growth at 2.72% and 1.88%, respectively. Several eastern European countries such as Poland, Croatia, and Slovakia also noted positive growth, contributing to the diversification of production in Europe.
Future trends to watch involve a focus on sustainable and innovative materials, as consumer preferences shift towards eco-friendly fashion. Additionally, Eastern European countries are likely to continue increasing their market share due to competitive labor costs and increasing investment in manufacturing infrastructure, which could further boost regional production volumes and values.
Top countries in Sold Production of Handkerchiefs, Shawls, Scarves, Veils, Ties, Cravats, Gloves and Other Made-Up Clothing Accessories by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 664,940,000 | 2023 | +4.09% | -6.23% | View data |
| 2 | 2 United Kingdom | 147,260,000 | 2023 | +1.42% | -0.56% | View data |
| 3 | 3 France | 63,727,000 | 2023 | +1.36% | -0.39% | View data |
| 4 | 4 Spain | 42,230,000 | 2023 | +7.98% | +2.72% | View data |
| 5 | 5 Romania | 19,050,000 | 2023 | +2.21% | +1.88% | View data |
| 6 | 6 Germany | 17,909,000 | 2023 | +19.08% | +38.46% | View data |
| 7 | 7 Portugal | 10,648,000 | 2023 | +2.31% | +15.91% | View data |
| 8 | 8 Hungary | 9,326,400 | 2023 | +1.62% | -0.42% | View data |
| 9 | 9 Poland | 8,391,000 | 2023 | +3.41% | +3.94% | View data |
| 10 | 10 Croatia | 5,294,900 | 2023 | +3.46% | +3.38% | View data |
