The UK market for garments made up of felt or non-wovens and textile fabrics impregnated or coated is anticipated to see steady growth from 2024 to 2028. The market size is set to increase from 287.22 million Euros in 2024 to 291.75 million Euros in 2028. This represents a year-on-year growth ranging from approximately 0.41% to 0.43%. Moving from 2023, the actual market value was slightly lower, indicating a continuous upward trend. The Compound Annual Growth Rate (CAGR) over this five-year forecast period is modest, reflecting steady sectoral growth.
Future trends to watch for include increased use of sustainable materials and technological advancements in fabric production, which could further stimulate market expansion. Additionally, a shift towards multifunctional textiles is likely to create new opportunities. Keep an eye on regulatory changes and shifting consumer preferences that may impact demand.
