The textiles finishing production value in France was at 120 million euros in 2023. The forecasted data for the years 2024-2028 shows a consistent decline in production value. In 2024, the production value is predicted to be 115.5 million euros, decreasing by 3.75% from the previous year. In 2025, this value falls further to 111.4 million euros, marking a year-on-year decline of 3.55%. For 2026, the production value decreases by 2.82% to reach 108.1 million euros. In 2027, the value drops by another 2.40% to 105.5 million euros, and by 2028, it falls to 103.4 million euros, showing a 1.99% decline from the previous year. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 depicts an average annual decline of approximately 3.00%.
Future trends to watch for:
- Increased environmental regulations impacting production costs
- Technological advancements in textile manufacturing and finishing processes
- Shifts in global trade policies and their influence on the French textile industry
- Changing consumer preferences towards sustainable and eco-friendly textiles
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