In 2023, the UK sold production of polyester textile filament yarn stood at a certain level, forming a baseline for future forecasts. For 2024, it is projected to reach 501.13 thousand kilograms. The forecast indicates steady growth with the following values: 531.31 thousand kilograms in 2025, 560.89 in 2026, reaching 589.87 by 2027, and further increasing to 618.28 thousand kilograms by 2028.
Year-on-year growth illustrates a consistent increase in production volume, reflecting a robust demand trajectory. The Compound Annual Growth Rate (CAGR) over the five-year period shows average growth of [CAGR available here]%, underlining positive market dynamics.
Future trends to watch for include:
- Technological advancements in yarn production.
- Sustainability practices influencing production processes.
- Potential impacts of trade policies on raw material availability and costs.
- Changing consumer preferences towards sustainable and high-performance fabrics.
