In 2023, China's exports of special woven fabrics, tufted textile fabrics, lace, tapestries, trimmings, and embroidery stood at $5.55 billion. The forecasted values from 2024 to 2028 indicate a steady increase, starting at $5.7 billion in 2024 and reaching $6.19 billion by 2028. Year-on-year growth rates are consistent, showing incremental growth from 2024 onwards by approximately 2% annually. The compound annual growth rate (CAGR) over the five-year forecast horizon is about 1.9%.
Future trends to watch for include technological advancements in textile manufacturing, increasing global demand for sustainable and ethically-produced textiles, and potential impacts of international trade policies on Chinese exports in this sector.
