The natural gas consumption in China's textile wearing apparel, footwear, and caps manufacturing sector is forecasted to increase from 2024 onwards, showing a steady year-on-year growth. It stood at 19.6 hundred million cubic meters in 2023. The anticipated progression is marked by rising consumption levels: 21.14 in 2024, climbing to 30.21 by 2028. This growth represents an average annual increase of approximately 9.2% for the period, indicating robust expansion in energy usage as the industry scales production capacities and perhaps improves energy efficiency implementations.
Future trends to watch:
- Potential policy changes affecting energy sourcing and costs.
- Technological advancements in energy-efficient manufacturing processes.
- Shifts in consumer demand leading to production adjustments.
- Environmental regulations influencing natural gas usage.
