In 2023, the knitted and crocheted fabrics gross value added per employee FTE in the UK stood at an actual figure. From 2024, the forecast projects a consistent growth trend, with values rising from 71.83 thousand euros in 2024 to 76.81 thousand euros by 2028. Year-on-year growth is approximately 1.8% between 2024 and 2025, 1.7% from 2025 to 2026, 1.6% from 2026 to 2027, and 1.6% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated around 1.7% annually.

Future trends to watch include:

Potential impacts of technological advancements in manufacturing processes.
Shifts in demand due to changing consumer preferences for sustainable materials.
The effect of global economic conditions on the textile industry.