The turnover for made-up textile articles (except apparel) in Italy is forecasted to steadily decline from 2024 to 2028. In 2023, the turnover stood at 1.90 billion euros. The expected year-on-year decreases are approximately 3.83% for 2025, 3.98% for 2026, 4.14% for 2027, and 3.70% for 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a downward trend, indicating an average annual decline.
Future trends to watch for include:
- Potential shifts in consumer demand towards sustainable and multi-functional home textiles.
- Technological advancements in fabrication that could impact production costs and methods.
- Changes in global trade policies and economic conditions that may affect export and import activities.