The textile, wearing apparel, and leather products industry in the Netherlands has experienced notable fluctuations in production volumes over the past decade. In 2013, the industry stood at €3.43 billion, with minor declines and recoveries, peaking at €3.61 billion in 2018. However, a significant dip was observed in 2020, falling to €2.93 billion due to the pandemic, followed by a substantial recovery in 2021. By 2023, the industry was valued at €3.5 billion. This variation highlights an overall resilience, with a current 5-year CAGR of -0.22% reflecting slight, yet steady, declines in the coming years.
Future trends to watch for:
- Technological advancements in production processes
- Rising demand for sustainable and eco-friendly materials
- Changes in consumer behavior and purchasing patterns
- Potential impacts of global trade policies