Industry Statistics and Rankings
How does this industry perform in Turkey compared to Europe?
Country Benchmarking
Industry Data Turkey
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#1 In EuropeBusiness
#1 In EuropeEmployees
#1 In EuropeWages
#1 In EuropeEurope'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.
Enterprises
Number of businesses in 2024
Biggest companies in the Knitted & Crocheted Fabric Manufacturing in Turkey
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Miroglio SpA | 550.1 | 54.0 | 9.8 | |
Bosforus Textile | 3.2 | 0.3 | 9.4 |
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Top Questions Answered in this Report
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What is the market size of the Knitted & Crocheted Fabric Manufacturing industry in Turkey in 2024?
The market size of the Knitted & Crocheted Fabric Manufacturing industry in Turkey is €3.7bn in 2024.
How many businesses are there in the Knitted & Crocheted Fabric Manufacturing in Turkey industry in 2024?
There are 1,172 businesses in the Knitted & Crocheted Fabric Manufacturing industry in Turkey, which has grown at a CAGR of 3.1 % between 2019 and 2024.
Has the Knitted & Crocheted Fabric Manufacturing industry in Turkey grown or declined over the past 5 years?
The market size of the Knitted & Crocheted Fabric Manufacturing industry in Turkey has been declining at a CAGR of 27.8 % between 2019 and 2024.
What is the forecast growth of the Knitted & Crocheted Fabric Manufacturing industry in Turkey over the next 5 years?
Over the next five years, the Knitted & Crocheted Fabric Manufacturing industry in Turkey is expected to grow.
What are the biggest companies in the Knitted & Crocheted Fabric Manufacturing market in Turkey?
The biggest companies operating in the Knitted & Crocheted Fabric Manufacturing market in Turkey are Miroglio SpA and Bosforus Textile
What does the Knitted & Crocheted Fabric Manufacturing in Turkey include?
Knitted and crocheted wool fabric and Knitted and crocheted hair and cashmere fabric are part of the Knitted & Crocheted Fabric Manufacturing industry.
Which companies have the highest market share in the Knitted & Crocheted Fabric Manufacturing in Turkey?
The company holding the most market share in Turkey is Miroglio SpA.
How competitive is the Knitted & Crocheted Fabric Manufacturing industry in Turkey?
The level of competition is moderate and decreasing in the Knitted & Crocheted Fabric Manufacturing industry in Turkey.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
International industries
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 CountWhat'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 fabricCompanies
Miroglio SpABosforus TextileIndustry Code
1391 - Manufacture of knitted and crocheted fabrics in Turkey
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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 Turkey industry?
Outlook
Analysis
What's driving the Knitted & Crocheted Fabric Manufacturing in Turkey industry outlook?
Volatility
Analysis
What influences volatility in the Knitted & Crocheted Fabric Manufacturing in Turkey 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 Turkey 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.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Knitted & Crocheted Fabric Manufacturing in Turkey industry's products and services performing?
Analysis
What are innovations in the Knitted & Crocheted Fabric Manufacturing in Turkey industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Knitted & Crocheted Fabric Manufacturing in Turkey industry?
International Trade
Highlights
- Total Imports into Turkey
- Total Exports into Turkey
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.
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 Turkey located?
Companies
Data Tables
Top 2 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.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Knitted & Crocheted Fabric Manufacturing in Turkey 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.
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 Turkey 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?
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France
Italy
Spain