The re-import of knitted or crocheted women's and girls' overcoats, capes, or cloaks made from wool or fine animal hair in the UK is forecasted to increase steadily from 39.79 kg in 2024 to 42.84 kg in 2028. This represents a year-on-year growth rate of approximately 1.96% between 2024 and 2025, 1.90% between 2025 and 2026, 1.84% from 2026 to 2027, and 1.76% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated at 1.87%.
Future trends to watch for include shifts in consumer preferences towards sustainable and ethically produced fashion. Additionally, potential trade policy changes post-Brexit and advancements in textile technology could impact supply chains and demand dynamics in this sector.
