The forecast for sold production of made-up textile articles in Italy indicates a declining trend from 2024 to 2028. In 2023, the production was recorded at 15.627 million square meters. The year 2024 starts with a production value of 13.953 million square meters, a significant decrease from the prior year. The forecasted values continue to decline annually, with 2025 at 12.383 million square meters, 2026 at 10.827 million square meters, 2027 at 9.2878 million square meters, and 2028 at 7.7636 million square meters.
Year-on-year variation highlights this downtrend:
- -10.7% from 2023 to 2024
- -11.3% from 2024 to 2025
- -12.6% from 2025 to 2026
- -14.3% from 2026 to 2027
- -16.4% from 2027 to 2028
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -13.8% annually, indicating a consistent decrease in the production of textile articles.
Future trends to watch for include potential shifts in consumer demand, developments in textile technology, and changes in trade policies. Additionally, monitoring the impact of sustainability initiatives and digital transformations in textile production could provide further insights.
