The production of woven fabrics made from synthetic and artificial filament yarn in the UK is projected to follow a declining trend from 2024 to 2028. Starting at 5.3759 million square meters in 2024 and predicted to drop to 0.62001 million square meters by 2028, this is a sharp decline. This shows a consistent decrease year-on-year, reflecting a significant contraction in this sector.
Key future trends to watch:
- Increased competition from emerging markets.
- Shifts in consumer preferences towards sustainable and eco-friendly materials.
- Technological advancements that could alter production methods or reduce costs.
- Potential impacts of trade policies and regulations affecting the textile industry.