In 2023, the sold production of rubberised textile fabrics in Germany was 24 million kilograms. Forecasts indicate steady growth, with a year-on-year increase of approximately 3% annually, reaching 27.47 million kilograms by 2028. The Compound Annual Growth Rate (CAGR) over this forecasted period is projected at 2.85%.
Future trends to watch for include:
- Increased demand driven by technological advancements in wearable technology and automotive sectors.
- Potential impact of sustainable and eco-friendly manufacturing practices.
- Challenges from import competition and market saturation.