The Gross Value Added (GVA) per Employee FTE for the Made-Up Textile Articles (Except Apparel) sector in the UK is forecasted to increase from 54.1 thousand Euros in 2024 to 55.7 thousand Euros by 2028. This indicates a stable, albeit modest, annual growth rate. Year-on-year growth is projected at approximately 0.7%. Without the exact 2023 value, the compound annual growth rate (CAGR) from 2024 to 2028 projects steady improvement, reflecting a gradual trend of productivity enhancement in the sector.
Future trends to watch include:
- Technological advancements and automation.
- Shifts in consumer preferences towards sustainable and eco-friendly textile products.
- Potential impacts of trade policies post-Brexit on the textile industry.