In 2023, the sold production of tracksuits, ski suits, swimwear, and other garments of knitted or crocheted textiles in Italy stood at 222.88 million euros, marking the starting point for the projected decline. From 2024 to 2028, the sector is expected to see a consistent decline, with annual reductions in value. The year-on-year percentage decrease reveals a steady downtrend, with an average compound annual growth rate (CAGR) of approximately -3.07%. The decreasing trend indicates a shrinking market.
- Future trends to watch for include:
- Increasing demand for sustainable and eco-friendly textiles.
- The impact of technological advancements in textile production.
- Changing consumer preferences toward multifunctional and athleisure wear.
