The wholesale of textiles, clothing, and footwear sector in Belgium exhibited fluctuation over the period from 2013 to 2023, standing at 2.68 billion euros in 2023. Only 3.96% year-on-year growth in 2023 and a CAGR of 1.71% over the last five years signal moderate growth. Key fluctuations included a notable spike in 2019 followed by declines and recovery phases in subsequent years.
Future trends to watch for:
- Sustainable and eco-friendly textiles gaining traction
- Increased adoption of digitalization and e-commerce
- Emerging fashion technology and innovation
- Impact of global supply chain shifts and economic factors
