The wearing apparel production value in Switzerland stood at 834.8 million Euros in 2023. Forecasted data from 2024 to 2028 indicate a steady decline in the production value. The year-on-year variation shows a decrease of 1.0% in 2025, 1.0% in 2026, 1.0% in 2027, and 1.0% in 2028.
Key points:
- 2024: 826.5 million Euros
- 2025: 818.0 million Euros
- 2026: 809.7 million Euros
- 2027: 801.4 million Euros
- 2028: 793.1 million Euros
The Compound Annual Growth Rate (CAGR) over this five-year period is -1.04%, indicating a gradual but continuous decline in the wearing apparel production value.
Future trends to watch for include potential shifts in consumer behavior towards more sustainable and locally-produced fashion, technological advancements in textile manufacturing, and possible economic or policy changes that could affect production costs and capacities in Switzerland.
