Industry Statistics and Rankings
How does this industry perform in Iceland compared to Europe?
Country Benchmarking
Industry Data Iceland
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#25 In EuropeBusiness
#27 In EuropeEmployees
#32 In EuropeWages
#24 In EuropeThe Textile Weaving in Iceland ranks 25 in Europe with regards to its 2024 revenue (€25.8m). Revenue received by operators in Iceland has been moderate in volatility over the past five-year period, with the average annual change in revenue (2.7 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Textile Weaving industry in Iceland in 2024?
The market size of the Textile Weaving industry in Iceland is €25.8m in 2024.
How many businesses are there in the Textile Weaving in Iceland industry in 2024?
There are 13 businesses in the Textile Weaving industry in Iceland, which has grown at a CAGR of 5.4 % between 2019 and 2024.
Has the Textile Weaving industry in Iceland grown or declined over the past 5 years?
The market size of the Textile Weaving industry in Iceland has been growing at a CAGR of 2.7 % between 2019 and 2024.
What is the forecast growth of the Textile Weaving industry in Iceland over the next 5 years?
Over the next five years, the Textile Weaving industry in Iceland is expected to grow.
What does the Textile Weaving in Iceland include?
Fabric from organic man-made fibres and Fabric from other natural fibres are part of the Textile Weaving industry.
How competitive is the Textile Weaving industry in Iceland?
The level of competition is moderate and steady in the Textile Weaving industry in Iceland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
Companies in this industry use sophisticated looms to interweave warp (vertical) and weft (horizontal) threads, creating various fabrics with unique designs and textures.
What's included in this industry?
Fabric from organic man-made fibresFabric from other natural fibresFabric from inorganic man-made fibresOther fabricsIndustry Code
1312 - Weaving of textiles in Iceland
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
Current Performance
Charts
- Revenue in the Textile Weaving in Iceland
- Employees in the Textile Weaving in Iceland
- Business in the Textile Weaving in Iceland
- Profit in the Textile Weaving in Iceland
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Tariffs significantly impact the weaving industry because of high import volumes. Despite this, environmental regulations do not directly impact the industry as processes like bleaching and dyeing are carried out in other sectors like spinning and textile finishing.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Textile Weaving in Iceland industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Surging input costs are reducing textile weaver’s profitability. Despite price increases and the transition to eco-friendly alternatives, companies are burdened with absorbing some costs, thereby reducing profits.
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 Textile Weaving in Iceland 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.
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