Forecast: Textiles, Wearing Apparel, Leather Products Manufacturing Gross Value Added in France

The textiles, wearing apparel, and leather products manufacturing sector in France is projected to decline gradually from 2024 to 2028. Starting at 5.05 billion euros in 2024, the Gross Value Added is expected to decrease to 4.63 billion euros by 2028. With a downward trend indicating a lackluster performance, the sector reflects an annual decrease of about 2.15% over these five years, marking a notable trend of continuous decline.

Key trends to watch for include:

  • Shifts in consumer preferences towards sustainable and ethical fashion, potentially altering demand dynamics.
  • Technological advancements in manufacturing processes, which may drive efficiency but impact traditional manufacturing roles.
  • Global trade tensions and economic policies affecting import and export activities.

Top Countries about Apparel