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APPAREL CONSUMPTION in the UK declined strongly in 2008 and we estimate a further considerable decrease for 2009.
But our apparel demand model clearly indicates with theoretical stocks in the UK textile system having now reached their lowest possible level, positive Kg volume growth for consumption must come this year for many textile and apparel categories.
Textrends Recovery Monitor
The table below indicates when our UK apparel demand model forecasts positive growth will resume for selected categories.
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Total Apparel |
2010 |
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All Home Textiles |
2010 |
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Womanswear |
2010 |
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Workwear |
2011 |
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Knitted Jumpers |
2012 |
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Sportswear |
2010 |
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Babywear |
2010 |
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OUR LATEST ANALYSIS clearly shows the volume of consumption in the UK market as a whole will start to increase from 2010, the recovery will however be stronger for some textile categories than others.
Just as Textrends forecast the downturn three years in advance, we are confident our forecasts continue to point the way for recovery!
The chart below summarizes the Textrend.org forecasts for UK apparel supply and demand. The strong growth of the mid 2000s is clear - as is the dramatic decline in supply, the correction to over-supply that coincided with the recession caused by the credit crisis.
UK Apparel Demand 1994 to 2015
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