The Brazilian wearing apparel sector, excluding fur, is anticipated to decrease consistently from 2024 to 2028. The number of enterprises is expected to dwindle from 15.74 thousand in 2024 to 13.59 thousand in 2028. This represents annual declines of approximately 3.5% over the next five years, highlighting a notable trend of consolidation or downsizing within the industry.
Future trends to watch for include potential pivots towards sustainable fashion, adaptations in response to digital transformation, and the evolving consumer preferences impacting the sector. Monitoring these changes can elucidate potential recovery or further contraction paths.
