The forecast for total hours worked in the textiles, wearing apparel, and leather products industry in Germany indicates a declining trend from 2024 to 2028. Starting at 157.0 million hours in 2024, the industry is expected to contract to 131.0 million hours by 2028. This represents a continuous year-on-year decrease in labor intensity within this sector. In 2023, the starting point of this decline, the industry was similarly scheduled at around 157.0 million hours, indicating the beginning of this downward trajectory. The Compound Annual Growth Rate (CAGR) over the forecast period suggests an average annual contraction in the workforce hours.
Future trends to watch include potential influences from technological advancements like automation and digitization, which could further reduce labor demand. Additionally, shifts in consumer preferences towards sustainability and ethical practices might impact the structure and operations of the industry. Monitoring trade policies and international market conditions could also provide insights into potential future workforce needs in this sector.
