In 2023, the production value in the Wearing Apparel sector in Switzerland stood at 805.7 million Swiss Francs. The forecasted data from 2024 to 2028 shows a continuous decline in production value:
2024: 771.8 million CHF (forecasted)
2025: 738.3 million CHF (forecasted)
2026: 705.1 million CHF (forecasted)
2027: 672.2 million CHF (forecasted)
2028: 639.7 million CHF (forecasted)
Year-on-year variation percentages are as follows:
2024: -4.2%
2025: -4.3%
2026: -4.5%
2027: -4.7%
2028: -4.8%
The average annual percent change (CAGR) over the five-year period is -4.5%.
Future trends to watch for include potential changes in consumer behavior towards sustainable fashion, impacts of technological advancements on production efficiency, and economic shifts that may affect both domestic and export markets for the Swiss apparel industry.
