The dyeing products market in Portugal stood at 62.338 million Euros in 2023. Over the past decade, the market experienced fluctuating trends, with significant decline in 2016 followed by a recovery phase, peaking in 2019. The past two years showed a declining trend with 2022 and 2023 witnessing decreases of 9.42% and 1.37% respectively. The compound annual growth rate (CAGR) over the last five years is slightly positive at 1.18%, indicating modest recovery efforts post-2018 challenges.
Future trends to watch for include:
- Adoption of sustainable dyeing technologies.
- Changes in consumer preferences due to environmental concerns.
- Shifts in demand patterns post-pandemic recovery.
- Potential market entry of digital textile printing solutions.
How does Portugal rank in Dyeing Products Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 531,140,000 | 2023 | +1.64% | +3.93% | View data |
| 2 | 2 Italy | 254,650,000 | 2023 | +3.31% | +1.04% | View data |
| 3 | 3 Sweden | 84,024,000 | 2023 | -0.15% | +2.26% | View data |
| 4 | 4 Portugal | 62,338,000 | 2023 | -1.37% | +1.18% | |
| 5 | 5 Romania | 53,874,000 | 2023 | +3.61% | +3.97% | View data |
| 6 | 6 Croatia | 26,520,000 | 2023 | +3.87% | +3.75% | View data |