In 2023, China's exports of impregnated, coated, covered, or laminated textile fabrics and textile articles suitable for industrial use stood at a significant level. The forecast from 2024 indicates steady growth from 8.62 billion USD to 9.48 billion USD by 2028, showcasing a moderate upward trend. The year-on-year growth is approximately 2.5% between consecutive years, while the five-year compound annual growth rate (CAGR) averages around 2.4%.
Future trends to watch include:
- Technological advancements in textile manufacturing.
- Shifts in global demand, especially from emerging markets.
- Market responses to environmental and sustainability regulations.
