As of 2023, the textiles, wearing apparel, and leather products sector in the UK employed an estimated 90,000 individuals. The forecasted figures from 2024 to 2028 indicate a steady decline in employment, with numbers projected to decrease from 87.11 thousand in 2024 to 72.93 thousand by 2028. Year-over-year comparisons show a consistent decline in workforce demand by approximately 4-5%. The five-year compound annual growth rate (CAGR) reveals an average reduction of around 3-4% annually.
Future trends to watch include technological advancements, which may further reduce employment through automation, and shifts in consumer preferences, potentially affecting demand for labor within the sector. Sustainability trends and trade agreements will also play a pivotal role in shaping the industry landscape.
