The analysis of employment in the underwear sector in Sweden reveals significant growth over the past decade, with notable variations year-on-year. The workforce grew from 318 in 2013 to 857 in 2023, with a remarkable year-on-year increase of 12.76% in 2023. Key trends indicate double-digit growth periods in 2018 (30.43%) and post-COVID rebound in 2021 (20.7%). The CAGR over the last five years stands at 8.5%, driven by steady demand and market expansion.
Looking ahead, the forecasted data from 2024 to 2028 suggests continued growth, with the number of employees expected to reach 1,240 by 2028. The five-year CAGR from 2023 to 2028 is projected at 5.88%, with an overall growth rate of 33.05% during this period.
Future trends to watch for include:
- Impact of sustainable practices on employment levels.
- Technological advancements in manufacturing and retail.
- Changing consumer preferences and their effect on market dynamics.
- Potential economic factors influencing sector growth.
