The market value for garments made up of felt or non-wovens, and textile fabrics impregnated or coated in Finland experienced fluctuations over the past decade. The value stood at 81.253 million Euros in 2023. Notably, there was a sharp decline in 2015 and 2020, followed by strong recoveries in subsequent years, particularly in 2018, 2021, and 2022. The Compound Annual Growth Rate (CAGR) over the last five years indicates a positive trend at 2.44%.
Future trends to watch for include:
- Potential growth driven by increasing demand for technical textiles in applications like healthcare and automotive sectors.
- Innovation and sustainable practices could drive competitive advantage and market expansion.
- Economic factors and global supply chain issues may affect market stability.
How does Finland rank in Garments Made Up of Felt or Non-Wovens, Textile Fabrics Impregnated or Coated Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 677,830,000 | 2023 | +1.59% | +1.02% | View data |
| 2 | 2 United Kingdom | 286,020,000 | 2023 | +0.39% | +0.02% | View data |
| 3 | 3 Poland | 151,350,000 | 2023 | +2.95% | +1.9% | View data |
| 4 | 4 Austria | 124,340,000 | 2023 | -0.34% | +0.7% | View data |
| 5 | 5 Sweden | 123,610,000 | 2023 | +1.32% | +0.57% | View data |
| 6 | 6 Finland | 81,253,000 | 2023 | +1.51% | +2.44% | |
| 7 | 7 Czech Republic | 74,823,000 | 2023 | +1.69% | +2.81% | View data |
