The forecast for the sold production of woven fabrics of synthetic and artificial filament yarn in the UK indicates a gradual decline from 237.04 million Euros in 2024 to 233.14 million Euros by 2028. In 2023, the market stood at 238 million Euros. From 2024 onwards, the projected year-on-year decrease is approximately 0.42%, reflecting a slight but steady downward trend over the forecasted period. The compound annual growth rate (CAGR) over the five years is approximately -0.41%, suggesting a continued moderate contraction in the market.
Future trends to watch include potential impacts from advancements in sustainable materials, shifts in consumer preference for eco-friendly products, and changes in trade policies that could affect the global supply chain dynamics for synthetic and artificial yarns.
