The output of textiles, wearing apparel, and leather products in Brazil has seen a general upward trend from 2013 to 2023, reaching 184.45 billion Brazilian Reals in 2023. The value experienced fluctuations with a notable drop in 2015 and 2020, but overall exhibited growth. Post-2020, the recovery was significant with an 11.7% increase in 2021.

Over the last two years, the year-on-year increase was 2.45% in 2022 and 2.36% in 2023. The Compound Annual Growth Rate (CAGR) for the last five years stood at 2.24%, indicating a steady, if moderate, growth trend.

Looking forward, the projected CAGR for the next five years (2024-2028) is 1.69%, with an overall growth rate of 8.72% expected by 2028.

Future trends to watch for:

Technological advancements in production processes.
Changes in consumer preferences towards sustainable and ethically-produced apparel.
Impact of global trade policies and agreements on the Brazilian textile and leather industries.
Fluctuations in raw material prices and their effect on production costs.