The Portuguese market for woven fabrics of carded or combed wool, fine animal hair, coarse animal hair, or horsehair grew to 5.7617 million square meters in 2023. The market experienced fluctuations with a notable dip in 2020 due to adverse conditions, but it rebounded with significant recovery by 2021. The 2023 volume increased by 1.66% compared to the previous year, compounded by a 1.51% CAGR over the last five years. This highlights a steady, albeit slow, growth after recovering from the pandemic-related slump.

Future trends to watch for include:

The potential impact of sustainability initiatives within the textile industry.
Technological advancements in fabric production.
Changes in consumer preferences towards natural fibers.
Global economic conditions influencing demand for luxury and high-quality materials.