The employment in the footwear sector in France exhibited significant fluctuations over the past decade, with a general decline observable from 2013 to 2023. In 2013, the sector employed 5.25 thousand full-time equivalents, decreasing to 2.36 thousand in 2023. Therefore, in 2023, the employment dropped by 9.54% year-on-year, continuing the long-term downward trend. Over the last five years, the sector experienced an average annual decline (CAGR) of 11.62%.
Forecasts indicate a continued steep decline, with employment expected to fall to 0.761 thousand by 2028. This reflects a five-year forecast CAGR of -17.85%, equating to a 62.59% reduction from 2023 to 2028.
- From 2013 to 2023: Employment in the footwear sector fell from 5.25 thousand to 2.36 thousand
- 2023: Employment stood at 2.36 thousand
- 2023 year-on-year variation: -9.54%
- Last 5-year CAGR: -11.62%
- 2028 forecasted employment: 0.761 thousand
- 2024-2028 forecast CAGR: -17.85%
- 2024-2028 forecast growth: -62.59%
Future trends to watch include potential impacts of automation, shifts in consumer demand toward sustainable products, and global competition. Monitoring regulatory changes and trade policies will also be crucial for understanding the evolving landscape.
