Forecast: Number of Employees in Footwear Sector in Poland

Based on the provided data, the number of employees in the footwear sector in Poland has shown considerable volatility. In 2023, the sector employed 15.9 thousand people. Examining year-on-year changes, there were significant fluctuations, such as a notable decrease of 19.12% in 2020 and a remarkable recovery of 13.47% in 2021. The sector's compound annual growth rate (CAGR) over the last five years was approximately -2.86%. The forecast for the next five years indicates a gradual decrease, with an average annual decline of -0.47% per year, projecting to reach 15.43 thousand employees in 2028.

Future trends to watch for include:

  • Technological advancements in automation within manufacturing processes may lead to further reductions in workforce requirements.
  • Global economic shifts and trade policies could impact employment levels, especially if there is increased competition or changes in export demand.
  • Consumer trends toward sustainable and locally-sourced products could influence the sector's employment dynamically.