Between 2013 and 2023, the production volumes of clothing in France generally exhibited a fluctuating pattern. The year 2013 saw a significant decline, but modest growth was experienced between 2014 and 2018. After peaking in 2018, production volumes saw a slight dip in 2019 and a dramatic decrease in 2020, largely due to the pandemic. Although there was a partial recovery in 2021, the following two years experienced slight declines. As of 2023, the production volumes stood at 5.76 billion euros.
Year-on-year variation over the last two years (2022-2023) shows a decrease of around 1.7%. Over the past five years, the compound annual growth rate (CAGR) also reflects a negative trend at approximately -1.77%, highlighting a slow decline in production volumes.
Future trends to watch for include:
- A continued decline in production volumes, illustrated by forecast data showing a reduction in value to 5.24 billion euros by 2028.
- A forecasted average annual decline rate of -1.5% and a cumulative five-year decrease of -7.27% from 2024 to 2028.
- Potential impacts from sustainability initiatives, technological advancements, and shifts in consumer behavior toward synthetic or recycled fabrics.
