In 2023, the production value of made-up textile articles (except apparel) in France stood at 1.64 billion euros. The forecast from 2024 to 2028 indicates a stable to a slightly declining trend. For the years 2024 through 2026, the production value is expected to remain at 1.63 billion euros, followed by a slight decrease to 1.62 billion euros in 2027 and 2028. This demonstrates a negligible year-on-year variation and a slight projected decline over the five-year period, resulting in a negative CAGR.
Future Trends to Watch For:
- Watch for potential disruptions or innovations in sustainable textile production practices.
- Keep an eye on consumer demand shifts towards home textiles and home décor.
- Monitor the impact of digital transformation and e-commerce growth on the distribution channels of textile products.