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Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

LT-C2826 August 2024 Factsheet

Revenue

€2.4m

2019-2024 3.3 %
2024-2029 X.X %

Employees

21

2019-2024 3.1 %
2024-2029 X.X %

Businesses

1

2019-2024 0.0 %
2024-2029 X.X %

Wages

€XXX.Xk

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

Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania 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 Lithuania compared to Europe?

Country Benchmarking

Industry Data Lithuania

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

Revenue
#28 In Europe
Business
#24 In Europe
Employees
#26 In Europe
Wages
#28 In Europe

View industry report for Europe

Textile manufacturing in Europe is in the middle of a significant shift towards automation and sustainability. The adoption of automated solutions in fashion design and the development of energy-efficient, water-saving and low-waste-producing machinery are driving this move. Companies increasingly invest in modern technology to enhance productivity, accuracy and cost-effectiveness in textile manufacturing. Luxury brands are leading the way by creating ethically sourced and sustainable materials to appeal to increasingly environmentally conscious consumers.

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Enterprises
Number of businesses in 2024

Biggest companies in the Textile, Clothing & Leather Processing Machinery Manufacturing 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, Clothing & Leather Processing Machinery Manufacturing 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, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania in 2024?

The market size of the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania is €2.4m in 2024.

How many businesses are there in the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry in 2024?

There are 1 businesses in the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania, which has declined at a CAGR of 0.0 % between 2019 and 2024.

Has the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania grown or declined over the past 5 years?

The market size of the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania has been declining at a CAGR of 3.3 % between 2019 and 2024.

What is the forecast growth of the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania over the next 5 years?

Over the next five years, the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania is expected to grow.

What does the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania include?

Textile weaving machines and Textile finishing machines are part of the Textile, Clothing & Leather Processing Machinery Manufacturing industry.

How competitive is the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania?

The level of competition is moderate and steady in the Textile, Clothing & Leather Processing Machinery Manufacturing industry in Lithuania.

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Table of Contents

About this industry

Industry definition

Companies in this industry manufacture machinery used in textile, apparel and leather production, such as textile processing, knitting, sewing and leatherworking machines. This includes machines for fibre preparation, dyeing, finishing, printing textiles, laundry operations and footwear or leather goods production or repair.

Related Terms

SPINNING FRAMELOOMCARDING MACHINE

What's included in this industry?

Textile weaving machinesTextile finishing machinesLeather working machinesMachine parts

Companies

Industry Code

ISIC 2006

2826 - Manufacture of machinery for textile, apparel and leather production in Lithuania

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Performance

Revenue Highlights

Trends
  • Revenue
  • Current Year 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 Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry?


Outlook

Analysis

What's driving the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry outlook?


Volatility

Analysis

What influences volatility in the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

High quality supports global demand for European textile processing machinery. Sales to Asia's textiles sector are especially strong, propping up revenue.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry's products and services performing?

Analysis

What are innovations in the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Textile, Clothing & Leather Processing Machinery Manufacturing 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

Innovation is key to winning market share. Manufacturers with cutting-edge technology have a competitive edge, as their machinery is more efficient and of a higher quality. This attracts more customers, increasing market share.

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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 Textile, Clothing & Leather Processing Machinery Manufacturing 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

Europe imposes stringent safety regulations on machinery manufacturers. Legislation aims to ensure the safety of users and maintain high product quality standards.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Textile, Clothing & Leather Processing Machinery Manufacturing in Lithuania industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Economic woes hit profitability. Rising commodity costs, tough competition from low-cost foreign rivals and low consumer and business spending have all limited manufacturers’ returns.

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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 Textile, Clothing & Leather Processing Machinery Manufacturing 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. 

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.