The Embroidery in the Piece in Strips or in Motifs Market in France reached a market size value of 176.34 million Euros in 2023. The industry showcased significant fluctuations over the past decade, with periods of both growth and contraction. Notable growth occurred between 2016 and 2017. However, the market faced a downturn in 2018 and a sharp decline in 2020. Despite these challenges, the market rallied with noticeable recovery through 2021 to 2023, albeit at a moderate pace.
Observing the most recent trends:
- The market experienced an average annual growth rate (CAGR) of 2.62% over the last five years, indicating moderate recovery post-2020.
- The year-on-year growth in 2022 and 2023 was 1.93% and 1.85%, respectively.
Future trends to watch for include:
- Technological advancements in embroidery machinery may influence production efficiency and cost.
- Growing consumer interest in personalized and bespoke fashion items could drive demand for embroidered motifs.
- Sustainability trends might shift consumer preferences towards environmentally friendly embroidery processes.
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 442,880,000 | 2023 | +2.9% | -1.29% | View data |
| 2 | 2 France | 176,340,000 | 2023 | +1.85% | +2.62% | |
| 3 | 3 Germany | 73,926,000 | 2023 | +3.48% | +0.3% | View data |
| 4 | 4 Portugal | 39,329,000 | 2023 | +1.14% | +1% | View data |
| 5 | 5 United Kingdom | 20,308,000 | 2023 | -2.38% | -2.54% | View data |
