The UK textiles finishing sector saw fluctuations over the past decade, exhibiting a mix of growth and decline. The period from 2013 to 2014 experienced substantial growth, but this was followed by a sharp decline in 2015. Recovery occurred in 2016, maintaining relative stability until 2018. The sector then faced another significant dip in 2020 due to external disruptions, rebounding robustly in 2021. Since then, production values have stabilized, growing modestly year-on-year with the value standing at £665.1 million in 2023.
Future trends to watch for include:
- Sustainability practices influencing production processes.
- Technological advancements driving efficiency.
- Global market fluctuations impacting export demand.
- Changes in consumer preferences towards eco-friendly products.
