In 2023, the sold production of women's or girls' textile outerwear in the UK stood at approximately 55.893 million Euros. Based on forecasts, there is a consistent downward trend from 2024 to 2028, starting at 54.094 million Euros in 2024 and reducing to 47.356 million Euros in 2028.
- The year-on-year decline from 2024 to 2025 is approximately 3.2%.
- The year-on-year decline from 2025 to 2026 is approximately 3.3%.
- The year-on-year decline from 2026 to 2027 is approximately 3.3%.
- The year-on-year decline from 2027 to 2028 is approximately 3.3%.
The compound annual growth rate (CAGR) over the 5-year forecasted period is around -3.4%, indicating a consistent decline.
Future trends to watch for include potential impacts of sustainability demands, shifts in fashion trends, and economic factors influencing consumer spending. Monitoring technological advancements in textile production and changes in trade policies will also be critical for understanding market dynamics.
