In 2023, the employment in the carpets and rugs sector in Belgium stood at 5.63 thousand employees. Over the last two years, the sector recorded an increase of 0.25% in 2023 and 3.18% in 2022. However, the longer-term trend indicates a decline, with a negative CAGR of -7.28% between 2013 and 2023.
Forecast data suggests a continued downward trend, with a projected decrease in employment from 5.38 thousand in 2024 to 4.41 thousand by 2028. The forecasted CAGR for the next five years is -3.88%, translating to an overall growth rate of -17.97%.
Future trends to watch for include the industry's adaptation to advanced manufacturing technologies, shifts in consumer preferences, and potential impacts of global trade policies. These factors may influence employment levels and sector stability.
