In 2023, the value added of textiles, wearing apparel, and leather products in France stood at approximately 5.97 billion euros. The forecasted data show a consistent upward trajectory from 6.06 billion euros in 2024 to 6.41 billion euros in 2028. This represents an average annual growth rate (CAGR) of around 1.4% over the five-year period. The year-on-year growth remains steady, ranging from 1.5% to 1.6% annually.
Future trends to watch for:
- Increasing automation and digitalization in manufacturing processes.
- Growing demand for sustainable and eco-friendly products.
- Potential impact of economic and geopolitical factors on supply chains.
