The forecast for fossil energy final consumption in the UK textile and leather sector shows a consistent decline from 2024, where it is estimated at 266.62 thousand tonnes of oil equivalent, down to 170.18 thousand tonnes by 2028. The year-on-year decrease signifies a reduction in reliance on fossil energy, reflecting a transition towards more sustainable practices. Over the five-year period, the compound annual growth rate (CAGR) illustrates a robust decline, reinforcing the sector's strategic pivot toward energy efficiency and potentially renewable energy sources.
Future trends to watch for:
- Increased adoption of renewable energy within the textile and leather sector.
- Rising regulatory pressures promoting sustainability and eco-friendly manufacturing processes.
- Innovations in energy-efficient technologies and processes in the industry.