The forecast for the sold production of pile fabrics and terry fabrics, knitted or crocheted in Germany from 2024 to 2028 indicates a declining trend. Starting at 4.6566 million kilograms in 2024, it is projected to decrease to 3.6031 million kilograms by 2028. Compared to the actual figures for 2023, a consistent year-on-year decline is evident, with negative variations from the beginning to the end of the forecast period. This indicates an average compound annual growth rate (CAGR) decline over the five years.
Future trends to watch for include shifts in consumer preferences towards sustainable materials, advancements in textile technology, and potential impacts from global trade policies. These factors could influence the market dynamics and demand for these types of fabrics in Germany.
