Employment in the footwear sector in Spain has shown fluctuations between 2013 and 2023. The year-on-year variation indicates positive growth, particularly notable in 2014, 2015, and 2021, with downturns observed in 2017, 2019, and significantly in 2020. As of 2023, employment stood at 28.03 thousand full-time equivalents (FTE), marking a 4.38% increase year-on-year. The five-year CAGR leading up to 2023 is 1.24%, indicating moderate growth.
Future projections from 2024 to 2028 show a consistent upward trend in employment, with the sector expected to reach 29.77 thousand FTE by 2028. This period forecasts a CAGR of 0.96%, suggesting steady but modest growth.
Trends to watch for:
- Technological advancements and automation impacting job roles.
- Shift towards sustainable and eco-friendly manufacturing practices.
- Potential effects of global supply chain dynamics on domestic employment.
