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Knitted & Crocheted Fabric Manufacturing in Greece - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

GR-C1391 July 2024 Factsheet

Revenue

€38.0m

2019-2024 6.0 %
2024-2029 X.X %

Employees

200

2019-2024 12.5 %
2024-2029 XX.X %

Businesses

52

2019-2024 4.4 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 X.X %
2024-2029 X.X %

Knitted & Crocheted Fabric Manufacturing in Greece market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Greece compared to Europe?

Country Benchmarking

Industry Data Greece

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#18 In Europe
Business
#12 In Europe
Employees
#23 In Europe
Wages
#17 In Europe

View industry report for Europe

Europe's Knitted and Crocheted Fabric Manufacturing industry is seeing dynamic changes in the face of new consumer trends and disruptive technologies, with sustainability becoming the industry norm. Dynamic economies like France, Italy and Spain are leading this transformation and making impressive strides in what's becoming a more earth-conscious, fashion-forward industry. However, volatile consumer sentiment has caused many downstream producers to spend more cautiously, exacerbating the uptake of cheap imports. Industry revenue is expected to drop at a compound annual rate of 8.8% over the five years through 2024 to €7.7 billion – including an estimated slump of 3.1% in the current year.

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Enterprises
Number of businesses in 2024

Biggest companies in the Knitted & Crocheted Fabric Manufacturing in Greece

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Knitted & Crocheted Fabric Manufacturing in Greece industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Knitted & Crocheted Fabric Manufacturing industry in Greece in 2024?

The market size of the Knitted & Crocheted Fabric Manufacturing industry in Greece is €38.0m in 2024.

How many businesses are there in the Knitted & Crocheted Fabric Manufacturing in Greece industry in 2024?

There are 52 businesses in the Knitted & Crocheted Fabric Manufacturing industry in Greece, which has declined at a CAGR of 4.4 % between 2019 and 2024.

Has the Knitted & Crocheted Fabric Manufacturing industry in Greece grown or declined over the past 5 years?

The market size of the Knitted & Crocheted Fabric Manufacturing industry in Greece has been declining at a CAGR of 6.0 % between 2019 and 2024.

What is the forecast growth of the Knitted & Crocheted Fabric Manufacturing industry in Greece over the next 5 years?

Over the next five years, the Knitted & Crocheted Fabric Manufacturing industry in Greece is expected to decline.

What does the Knitted & Crocheted Fabric Manufacturing in Greece include?

Knitted and crocheted wool fabric and Knitted and crocheted hair and cashmere fabric are part of the Knitted & Crocheted Fabric Manufacturing industry.

How competitive is the Knitted & Crocheted Fabric Manufacturing industry in Greece?

The level of competition is moderate and increasing in the Knitted & Crocheted Fabric Manufacturing industry in Greece.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Companies in this industry primarily manufacture knitted and crocheted fabrics, using various yarns and techniques in the production processes.

Related Terms

Gauge Pilling Yarn Count

What's included in this industry?

Knitted and crocheted wool fabric Knitted and crocheted hair and cashmere fabric Knitted and crocheted fine animal hair fabric Knitted and crocheted cotton fabric Knitted and crocheted man-made fibre fabric Knitted and crocheted other fabric

Companies

Industry Code

ISIC 2006

1391 - Manufacture of knitted and crocheted fabrics in Greece

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Knitted & Crocheted Fabric Manufacturing in Greece industry?


Outlook

Analysis

What's driving the Knitted & Crocheted Fabric Manufacturing in Greece industry outlook?


Volatility

Analysis

What influences volatility in the Knitted & Crocheted Fabric Manufacturing in Greece industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Knitted & Crocheted Fabric Manufacturing in Greece industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Knitting fabrics significantly contribute to the growth of the textile industry. Manufacturers constantly innovate to minimise environmentally detrimental processes, catering to consumer demand for organic fabrics.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Knitted & Crocheted Fabric Manufacturing in Greece industry's products and services performing?

Analysis

What are innovations in the Knitted & Crocheted Fabric Manufacturing in Greece industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Knitted & Crocheted Fabric Manufacturing in Greece industry?


International Trade

Highlights

  • Total Imports into Greece
  • Total Exports into Greece
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

High import penetration weakens concentration. The substantial influx of fabric from China is diminishing the market share of European manufacturers because of its competitive pricing.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Knitted & Crocheted Fabric Manufacturing in Greece located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

The European Knitted and Crocheted Fabric industry is highly regulated. Regulations focus on environmental safety, waste management, use of chemicals and fair labour practices, ensuring consumer safety and environmental sustainability.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Knitted & Crocheted Fabric Manufacturing in Greece industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Sustainability in the industry enhances profitability. Manufacturers attract eco-conscious consumers by employing green technologies and materials, resulting in better profit and stronger brand loyalty.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Knitted & Crocheted Fabric Manufacturing in Greece industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.