The employment in Germany's carpets and rugs sector has shown varied trends over the past decade. The sector saw a significant dip from 2013 to 2014 by 10.99%, followed by minor fluctuations until 2017. A sharp increase of 25.76% was noted in 2018, which was followed by declines until 2020. Since then, the employment numbers have relatively stabilized with minor increases and decreases until 2023.
As of 2023, the employment stood at 3.06 thousand employees, indicating a slight increase of 1.7% from the previous year. However, looking forward, a projected steady decline is forecasted, with a CAGR of -1.52% from 2024 to 2028, anticipating a decrease to 2.78 thousand employees by 2028, reflecting a 7.37% decline over five years.
Future trends to watch for include the impact of automation and technological advancements on employment in the sector, potential shifts in the global supply chain due to geopolitical factors, and the sustainability drive within the textile industry which could influence employment numbers positively or negatively based on the adaptability of the sector.
