In 2023, the sold production of non-coloured cotton fabrics weighing at least 200 g/m² in Italy was estimated at a higher volume than the forecasted data from 2024 onwards. From 2024 to 2028, there is a declining trend starting at 55.306 million square meters in 2024 to 23.45 million square meters in 2028. This reflects a significant decreasing trend over time, with a Year-on-Year decline expected annually.
Key points based on the forecasted data:
- 2024 to 2025: Approximately -14.6% decrease
- 2025 to 2026: Around -16.9% decrease
- 2026 to 2027: Roughly -20.2% decrease
- 2027 to 2028: Nearly -25.1% decrease
- 5-year CAGR: Substantial average annual contraction in production
Future trends to watch:
- Market adaptation to sustainable practices might drive innovation
- Investments in technology aimed at efficiency improvements
- Impact of global trade policies on production and demand
- Shifts in consumer preferences toward alternative materials
