The electricity consumption in the manufacture of textiles in China is forecasted to rise from an estimated 1.76 hundred billion kilowatt-hours in 2024 to 1.85 by 2028. This indicates a steady incremental growth over the forecast period, with year-on-year variations introducing modest increases: 1.71% from 2024 to 2025, 1.12% from 2025 to 2026, 1.10% from 2026 to 2027, and 1.09% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately 1.27%.
Future trends to monitor include:
- The impact of technological advancements on energy efficiency in textile production.
- Government policies towards renewable energy sources, which may alter consumption dynamics.
- Global economic conditions affecting the textile industry’s growth in China.
- Shifts in domestic and international demand influencing production volumes.