Forecast: Fossil Energy Final Consumption in Textile and Leather Sector in Italy

The forecast for fossil energy consumption in Italy's textile and leather sector indicates a steady decline from 2024 to 2028. In 2023, the consumption stood at 37.30 thousand terajoules. The year-on-year change reveals a consistent decrease, with the figures showing a drop of approximately 2.36% from 2024 to 2025, 2.39% from 2025 to 2026, 2.42% from 2026 to 2027, and 2.45% from 2027 to 2028. The compound annual growth rate (CAGR) for the forecast period indicates an average decline of roughly 2.33% per year.

Future trends to watch for:

  • Adoption of renewable energy sources in the textile and leather industry as companies aim to decrease reliance on fossil fuels.
  • Impact of technological advancements and process innovations in reducing energy consumption.
  • Regulatory changes and incentives promoting energy efficiency and sustainability in manufacturing.

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