Forecast: Output of Textiles, Wearing Apparel, Leather Products in Germany

The output of textiles, wearing apparel, and leather products in Germany saw fluctuations from 2013 to 2023, with the value standing at 22.13 billion Euros in 2023. Over the last decade, the industry experienced mixed annual growth rates, including notable declines in 2019 and 2020, followed by a recovery in 2021. The Compound Annual Growth Rate (CAGR) over the last five years showed a slight decline of -0.71%. The forecast to 2028 indicates a continued subtle decline, with an expected five-year CAGR of -0.12% and an overall growth rate of -0.62%.

Future trends to watch for include:

• Technological advancements in sustainable and smart textiles.
• Shifts toward nearshoring and regional supply chains due to geopolitical factors.
• Increasing consumer demand for eco-friendly and ethically-produced apparel.