Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#21 In EuropeBusiness
#18 In EuropeEmployees
#18 In EuropeWages
#21 In EuropeThe performance European textile finishers hinges on the level of demand for household textiles, soft furnishings and clothing manufacturing. A few factors have influenced sales of these goods over the past few years. High inflation has cut into textile finishers’ sales. The climate crisis has also posed challenges to the industry, given the textile sector’s high environmental impact. However, the home furnishings market has offered finishers some respite, as consumer spending on home interiors has risen due to people spending more time at home amid the surge in remote working. Nonetheless, revenue is expected to drop at a compound annual rate of 1.4% over the five years through 2024 to €15.6 billion, including an estimated 1% slump in 2024.
Enterprises
Number of businesses in 2024
Biggest companies in the Textile Finishing in Lithuania
| 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 Textile Finishing in Lithuania 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 Textile Finishing industry in Lithuania in 2024?
The market size of the Textile Finishing industry in Lithuania is €23.6m in 2024.
How many businesses are there in the Textile Finishing in Lithuania industry in 2024?
There are 93 businesses in the Textile Finishing industry in Lithuania, which has grown at a CAGR of 8.1 % between 2019 and 2024.
Has the Textile Finishing industry in Lithuania grown or declined over the past 5 years?
The market size of the Textile Finishing industry in Lithuania has been growing at a CAGR of 6.4 % between 2019 and 2024.
What is the forecast growth of the Textile Finishing industry in Lithuania over the next 5 years?
Over the next five years, the Textile Finishing industry in Lithuania is expected to grow.
What does the Textile Finishing in Lithuania include?
Dyeing fibres and yarns and Dyeing woven fabrics are part of the Textile Finishing industry.
How competitive is the Textile Finishing industry in Lithuania?
The level of competition is moderate and decreasing in the Textile Finishing industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Textiles Manufacturing in Lithuania
- Textile Weaving in Lithuania
- Textile Product Manufacturing in Lithuania
- Knitted & Crocheted Fabric Manufacturing in Lithuania
- Home Textile & Soft Furnishing Manufacturing in Lithuania
- Carpet & Rug Manufacturing in Lithuania
- Rope & Netting Manufacturing in Lithuania
- Other Textile Product Manufacturing in Lithuania
- Clothing & Fur Manufacturing in Lithuania
- Clothing Manufacturing in Lithuania
Complementors
- Textiles Manufacturing in Lithuania
- Textile Preparation & Spinning in Lithuania
- Textile Weaving in Lithuania
- Textile Product Manufacturing in Lithuania
- Other Textile Product Manufacturing in Lithuania
- Clothing, Textiles & Footwear Wholesaling in Lithuania
- Textile Retailing in Lithuania
Table of Contents
About this industry
Industry definition
Companies in this industry carry out textile and clothing finishing processes, which involves bleaching, dyeing and printing, among other treatment procedures.
Related Terms
Dyeing Fabric Eco-FriendlyWhat's included in this industry?
Dyeing fibres and yarnsDyeing woven fabricsFabric printingFinishing services for clothingBleachingCompanies
Industry Code
1313 - Finishing of textiles in Lithuania
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue CAGR
- 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 Textile Finishing in Lithuania industry?
Outlook
Analysis
What's driving the Textile Finishing in Lithuania industry outlook?
Volatility
Analysis
What influences volatility in the Textile Finishing in Lithuania industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Textile Finishing in Lithuania industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Fabric printing moves to eco-friendly methods. Enhanced environmental regulations and consumer preference for sustainability are driving the popularity of lower water- and energy-consuming techniques like digital printing.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Textile Finishing in Lithuania industry's products and services performing?
Analysis
What are innovations in the Textile Finishing in Lithuania industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Textile Finishing in Lithuania industry?
International Trade
Highlights
- Total Imports into Lithuania
- Total Exports into Lithuania
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 dilutes market concentration. An influx of fabrics from China is eroding the market share of European manufacturers due to their competitive pricing.
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 Textile Finishing in Lithuania 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
Textile finishing is heavily regulated. Environmental regulations necessitate wastewater management and energy-efficient processes, while companies also have to make sure they protect workers from exposure to harmful substances.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Textile Finishing in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising costs and fierce foreign competition cut into profit. While input costs have risen, strong competition from overseas has forced European textile finisher to keep their prices low, eating into their returns.
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 Finishing in Lithuania 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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