Forecast: Production of Textiles, Wearing Apparel, Leather Products in Poland

Between 2013 and 2023, the production of textiles, wearing apparel, and leather products in Poland experienced both growth and volatility. The sector grew steadily from 2013, hitting a peak in 2019 before a significant drop in 2020, which can likely be attributed to the COVID-19 pandemic. From 2021, the sector rebounded substantially, regaining momentum through 2023. By 2023, the production value stood at 35.97 Billion Zloty, showing a year-on-year increase of 1.89% and an average CAGR of 2.13% over the last five years.

Future trends to watch for:

• Gradual growth from 2024 onwards with a forecasted CAGR of 1.46% over the next five years.
• Continued recovery and potential stabilization in production levels.
• Potential impacts from global economic changes, technological advancements, and sustainability trends in the textile and apparel industry.