Forecast: Turnover in Textiles Weaving Sector in Sweden

The turnover in the Swedish textiles weaving sector for the year 2023 stood at 291.7 million Swedish Kronas. The forecasted data from 2024 to 2028 indicates a gradual decline in turnover values, moving from 284.0 million in 2024 to 258.7 million in 2028.

Year-on-year variation analysis highlights the following trends and changes:

• 2024: -3.0%
• 2025: -2.7%
• 2026: -2.5%
• 2027: -2.2%
• 2028: -1.9%

The Compound Annual Growth Rate (CAGR) over the five-year forecast period is -2.2%, reflecting a consistent downward trend in turnover.

Future Trends to Watch For:

• Potential advancements in textile technology and automation which may impact production efficiency and costs.
• Changes in consumer demand for sustainable and ethically produced textiles could alter market dynamics.
• Shifts in global trade policies and tariffs that could influence the export-import balance.
• Economic conditions both in Sweden and globally that may affect disposable income and spending on textiles.