The number of enterprises in the wearing apparel sector in France was forecasted to face consistent growth in the coming years. By 2024, the figure is expected to be 17.1 thousand, increasing steadily to reach 18.25 thousand by 2028. The year-on-year growth shows a pattern of approximately 1.75% annually from 2024 to 2028.
A Compound Annual Growth Rate (CAGR) of approximately 1.75% is anticipated over the five-year period, suggesting a modest but steady increase in the industry. This signal of growth can underscore the sector's recovery and adaptation in a post-pandemic economy.
Future trends to watch for in this sector include:
- Increasing digitalization and e-commerce influence;
- Sustainability practices driving competition;
- Shift towards more localized production;
- Adoption of innovative fashion tech solutions.
