In 2023, the number of enterprises in the made-up textile articles (except apparel) sector in Italy was [?] thousand. The forecast from 2024 to 2028 indicates a steady decline. The year-on-year percentage change shows a decreasing trend: a 4.1% decline from 2024 to 2025, a 3.9% decrease from 2025 to 2026, a 3.7% fall from 2026 to 2027, and a 4.2% drop from 2027 to 2028. The compound annual growth rate (CAGR) signifies an average annual decrease, highlighting a downturn in the number of enterprises over the five-year forecast period.
Future trends to watch for include the potential impacts of automation and technological advancements on traditional manufacturing processes. Additionally, shifts in consumer preferences towards sustainable and locally produced goods may affect industry dynamics, presenting both challenges and opportunities for businesses in this sector.
