The wearing apparel production value in the Netherlands in 2023 stood at 381.2 million euros. Starting from 2024, the forecasts show a slight but consistent year-on-year decline in production value, dropping to 380.6 million euros in 2024, 380.0 million euros in 2025, 379.5 million euros in 2026, 379.2 million euros in 2027, and 378.9 million euros in 2028. This represents a yearly average decline of approximately 0.12% over the forecasted five-year period.
Future trends to watch for:
- Increasing impact of sustainability and eco-friendly practices on production costs.
- Potential technological advancements and automation in apparel manufacturing.
- Shifts in consumer preferences towards ethical and locally sourced apparel.
- Global economic factors affecting the export-driven components of the Netherlands' apparel industry.
- Regulatory changes within the EU regarding labor and production standards.