The forecast for the sold production of shawls, scarves, mufflers, mantillas, veils, and similar items, excluding those made of silk or silk waste in France, indicates a steady upward trend from 2024 through 2028. In 2023, the value stood at approximately 7.35 million Euros, revealing a projected growth with year-on-year increases ranging from about 4.5% to 4.6%. Over the five-year forecast period from 2024 to 2028, there is an average annual growth rate (CAGR) of about 4.2%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and ethically sourced materials may impact this sector.
- The influence of fashion trends and seasonal variations on demand.
- Economic factors, such as inflation and discretionary income levels, may affect consumer purchasing behavior.