As of 2023, the actual sold production of made-up textile articles in Germany was approximately 9.1 million square meters. The forecasts from 2024 to 2028 indicate a consistent decline in production volumes, starting from 8.91 to 8.20 million square meters, reflecting a year-on-year decrease. This trend illustrates a consistent decrease in demand or possible shifts towards alternative materials or products in the market. Over a five-year period, the compound annual growth rate (CAGR) indicates an average negative growth, emphasizing a long-term downward trend in sold production volume.
Future trends to watch for include advancements in textile technology, changes in consumer preferences towards sustainable materials, and geopolitical factors that might affect production and demand. Monitoring import-export dynamics and policy changes within the European Union could also provide insight into structural shifts in the textile market.
