In 2023, the production value of made-up textile articles (except apparel) in Germany was recorded at €5.1 billion. In the forecast period from 2024 to 2028, there is a steady increase in production value, rising from €5.43 billion in 2024 to €7.51 billion in 2028. This reflects a compound annual growth rate (CAGR) of approximately 8.2% over these five years. The year-on-year growth rate reveals consistent positive trends, with each year showing an increase in production value compared to the previous year.
Future trends to watch for include technological advancements in textile production that could drive efficiency and innovation, shifts in consumer preference towards sustainable and eco-friendly products, and the impact of economic changes on manufacturing costs and market demand. Keeping an eye on global trade dynamics and their influence on import-export regulations will also be crucial for the industry's outlook.
