The footwear sector in the Netherlands experienced a moderately fluctuating trend in employment figures from 2013 to 2023. The sector saw a significant drop in 2013 with an 8.27% decrease in employment, followed by several years of modest growth. The most notable increases were in 2014 (6.76%) and 2016 (5.36%). However, stability characterized the period from 2018 onwards, with minor annual variations, culminating in a 0.17% year-on-year increase in 2023, bringing the employment figures to 586 units in Full-Time Equivalent for that year.
Looking to the future, the data forecasts a stable but very slow growth with employment figures projected to remain at 587 units through 2028. The 5-year CAGR forecast predicts a minimal growth rate of 0.03%, indicating an almost stagnant market environment.
Key future trends to watch for include:
- Advances in automation and technology that may impact employment levels.
- Shifts in consumer preferences towards sustainable and ethical production methods.
- Potential impacts of global economic conditions and trade policies on the footwear industry.