The production of textiles, wearing apparel, and leather products in the Netherlands has shown varied trends over the past years. The value stood at €3.79 billion in 2023. The sector experienced a significant dip in 2020 with a year-on-year decline of 16.39% but rebounded sharply in 2021 with a 21.36% increase. Steady growth continued into 2022 and 2023 with modest year-on-year variations of 0.67% and 0.69%, respectively.
From 2018 to 2023, the sector saw a cumulative annual growth rate (CAGR) of 0.31%. Forecasted values suggest the industry will grow at an average rate of 0.54% annually from 2023 to 2028, resulting in a projected value of €3.93 billion by 2028.
Future trends to watch for:
- Technological advancements in textile production
- Increasing emphasis on sustainable and eco-friendly fabrics
- Growth in e-commerce driving apparel sales
- Potential impacts of regulatory changes concerning labor and environmental standards
- Shifts in consumer behavior favoring local and ethically produced goods.