The forecast for employment in the UK footwear and leather goods repair sector shows stability from 2024 to 2026, with a minor increase in 2027 and 2028. The number of employees, expressed in thousands, remains at 1.87 from 2024 to 2026, then slightly rises to 1.88 in 2027 and 2028. Compared to 2023, employment has remained constant, indicating a stable demand within the sector. The year-on-year variation remains constant until 2026, with a negligible increase thereafter, and the five-year CAGR is minimal, reflecting the industry's steady nature.
Future trends to watch include:
- Potential impacts of technological advancements and automation, potentially impacting employment.
- Increased emphasis on sustainability and repair over replacement, possibly boosting workforce requirements.
- Economic factors like interest rates and consumer spending that may influence demand for repair services.
