The forecast for the number of employees in Germany's wearing apparel sector shows a declining trend from 2024 to 2028. In 2023, the actual number of employees was higher, reflecting a consistent annual decrease. Year-on-year, the sector is expected to shrink by an average of approximately 5.3% as observed from 2024 to 2028. Over the five-year period, the compound annual growth rate (CAGR) indicates an average decline of around 6% annually.
Future trends to watch for:
- Increasing automation and digitalization impacting the workforce size.
- Potential outsourcing and offshoring reducing local employment.
- Sustainability demands leading to industry innovation and possible workforce reskilling.