The production of knitted or crocheted fabrics in Belgium stood at 2.6 Million Kilograms in 2023. Based on the forecasted data, we observe a positive growth trend from 2024 to 2028. The year-on-year production increases are as follows:
- 2024: +10.4%
- 2025: +10.4%
- 2026: +9.3%
- 2027: +8.4%
- 2028: +7.7%
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is 9.2%, indicating strong, steady growth in the production volume of knitted or crocheted fabrics in Belgium.
Future trends to watch for include innovations in sustainable fabric production, increasing demand for high-quality knitted and crocheted textiles, and the impact of global economic conditions on the textile industry. Additionally, advancements in automation and technology integration may further enhance production efficiency and capabilities.
