The UK market for pile knit or crochet fabric of synthetic fibres has shown fluctuations from 2013 to 2023, with growth spurts in 2014 and 2021 but experiencing contractions, notably in 2016 and 2020. In 2023, the market stood at 74.669 million USD, marking a muted increase of 1.55% from 2022. Over the past five years, the market has grown at a compound annual growth rate (CAGR) of 1.75%.
Future trends to watch for:
- The rise of sustainable and eco-friendly materials impacting synthetic fibre demand.
- Technological advancements in fabric production enhancing product offerings.
- Shifts in consumer preferences towards more versatile and functional textiles.
How does the United Kingdom rank in Pile Knit or Crochet Fabric of Synthetic Fibres Market Size Value?
| # | 12 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Colombia | 185,620,000 | 2023 | +3.71% | +3.82% | View data |
| 2 | 2 Spain | 90,201,000 | 2023 | +4.46% | +4.06% | View data |
| 3 | 3 Germany | 90,163,000 | 2023 | +4.45% | +6.34% | View data |
| 4 | 4 United Kingdom | 74,669,000 | 2023 | +1.55% | +1.75% | |
| 5 | 5 Japan | 41,221,000 | 2023 | -6.3% | -6% | View data |
| 6 | 6 France | 33,863,000 | 2023 | +0.25% | +0.45% | View data |
