Textile Weaving in Iceland - Market Research Report (2014-2029)

The performance of the Textile Weaving industry is primarily influenced by demand from key manufacturing sectors like clothing, industrial and furnishings. These sectors have been experiencing declining sales because of increased international competition, inflationary pressures and the climate crisis. Manufacturers have shifted their focus towards quality and sustainable products with unique characteristics to compete against imported goods rather than mass-producing cheap fabrics. However, industry revenue is expected to drop at a compound annual rate of 4.5% over the five years through 2024 to €31 billion, including an estimated 0.8% fall in the current year.

纺织工业的业绩主要受关键制造业部门，如服装、工业用品和家具行业的需求影响。这些部门因国际竞争加剧、通货膨胀压力和气候危机而面临销售额下降。制造商已将重点转向具有独特特性的高质量和可持续产品，以与进口商品竞争，而非大量生产廉价布料。然而，预计到2024年，该行业收入将以4.5%的复合年增长率下降，至310亿欧元，其中包括当年预计的0.8%的降幅。