The production of textiles in Italy has experienced fluctuations from 2013 onwards. After a generally stable period from 2013 to 2015, the industry faced several declines - most notably in 2016 and during the COVID-19 pandemic in 2020. The production bounced back in 2021 but has since seen minor declines, reaching 20.07 billion euros in 2023. Forecasts indicate a consistent decline, projecting a value of 18.59 billion euros by 2028, reflecting a forecasted 5-year CAGR of -1.21%.
Key trends to watch for:
- Technology integration in textile production
- Shifting demand towards sustainable and ethically produced textiles
- Impact of economic policies and international trade agreements
- Potential effects of global economic recovery post-pandemic
Latest reports
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