In 2023, the production of knitted or crocheted garments, including tracksuits, ski suits, and swimwear, stood at an estimated 1.45 million kilograms in the UK. Forecasts indicate a steady year-on-year growth, with 2024 expected at 1.4986 million kilograms. Subsequent years show gradual increases, reaching 1.6974 million kilograms by 2028. The average annual growth rate (CAGR) over these five years is positive, highlighting a consistent upward trend.
Future trends to monitor include:
- Sustainability initiatives impacting production processes.
- Technological advancements in material development.
- Changing consumer preferences towards eco-friendly apparel.
- Potential impacts of economic and trade policies post-Brexit.
