Forecast: Textile Weaving Market Size Volume in Sweden

The textile weaving market in Sweden experienced a consistent decline from 2013 to 2023. By 2023, the market was at 21.967 million square meters, showing a steady downtick from the 46.976 million square meters observed in 2013. The market saw an overall downward trend marked by significant year-on-year fluctuations, with particularly sharp declines in 2017 and 2018. The average five-year CAGR from 2019 to 2023 was -3.94%.

Future projections suggest this downward trend will persist, with a more pronounced decline expected. The market is forecasted to reach 10.613 million square meters by 2028, reflecting a forecasted five-year CAGR of -11.59% from 2024 to 2028.

Trends to watch for:

• Impact of technological advancements on production efficiencies.
• Shifts in global trade policies affecting import and export dynamics.
• Changes in consumer preferences towards sustainable and locally produced textiles.
• Potential recovery or decline due to economic conditions post-2024.