The forecast for fossil energy final consumption in the UK textile and leather sector shows a consistent decline from 2024 to 2028. The projected values decrease steadily, indicating a notable shift. Compared to 2023, the forecast begins with a value of 11.16 in 2024, decreasing by approximately 9.3% to 10.12 in 2025. This downward trend continues year-on-year through 2028, where consumption reaches 7.13, marking a significant overall reduction. The compound annual growth rate (CAGR) over the five-year period highlights a consistent decline in demand for fossil energy within this sector.
Trends to watch for in the future include the potential impact of sustainability initiatives and technological advancements in energy efficiency that could further accelerate the reduction of fossil energy consumption. Additionally, regulatory changes or shifts in consumer preferences towards sustainable products might drive the sector towards greener alternatives, influencing future energy consumption patterns.
