In 2023, the production value for the knitted and crocheted apparel sector in France stood at 679.65 million euros. The forecasted data for 2024 to 2028 indicates a consistent decline. The value is projected to fall to 659.11 million euros in 2024 and continue decreasing to 584.78 million euros by 2028.
Year-on-year variations reveal a downward trend:- 2024: -3.03%- 2025: -2.89%- 2026: -2.93%- 2027: -2.96%- 2028: -2.99%
The Compound Annual Growth Rate (CAGR) for the period 2023-2028 shows an average annual decrease of -2.96%.
Future trends to watch for include changes in consumer preferences towards sustainable materials, the impact of technological innovations in textile manufacturing, and potential shifts in global trade policies affecting export and import dynamics within the sector.
