The market for shawls, scarves, mufflers, mantillas, veils, and similar items, excluding silk, in Italy is projected to grow significantly over the next five years. Starting from an estimated sold production value of approximately 97.91 million euros in 2024, it is expected to reach 158.67 million euros by 2028, suggesting robust growth.
Key insights:
- The year-on-year growth rate from 2024 to 2025 is around 15.73%.
- From 2025 to 2026, the growth accelerates, reaching approximately12.98%.
- This trend continues with significant percentage increases in subsequent years: 11.76% for 2026 to 2027, and finally about 10.41% for 2027 to 2028.
- The compound annual growth rate (CAGR) over this five-year period is approximately 12.76%, indicating strong upward momentum in this market segment.
Future trends to watch include consumer preferences shifting towards eco-friendly and ethically sourced materials, which could impact material choices and production techniques. Additionally, innovations in textile technology and fashion trends will likely continue to drive demand dynamics and industry changes.
