The forecasted sold production of adhesive tape made from rubberised textiles in the UK stands at 14.108 million Euros for 2024, with a declining trend projected through to 2028. The values for 2025, 2026, 2027, and 2028 are forecasted at 11.972 million Euros, 9.8791 million Euros, 7.8279 million Euros, and 5.8178 million Euros respectively. For reference, the actual sold production in 2023 was 16 million Euros. This indicates a significant downward trend.
Year-on-year variations indicate:
- 2024: N/A
- 2025: -15.13% from 14.108 million Euros in 2024
- 2026: -17.48% from 11.972 million Euros in 2025
- 2027: -20.74% from 9.8791 million Euros in 2026
- 2028: -25.63% from 7.8279 million Euros in 2027
It is important to monitor potential changes in market demand, advances in alternative adhesive technologies, and regulatory impacts. The overall CAGR from 2024 to 2028 is indicative of a consistent decline in this sector, suggesting a need for market adaptation.
