In 2023, the number of employees in the manufacture of sports goods sector in Brazil stood at 3.46 thousand. The forecast from 2024 to 2028 shows a consistent year-on-year decline: 2024 (3.4% decrease), 2025 (3.6% decrease), 2026 (3.7% decrease), 2027 (3.9% decrease), and 2028 (4.0% decrease). The compound annual growth rate (CAGR) over this period indicates an average annual reduction of approximately 4.1%.
Future trends to watch for include:
- Potential technological advancements improving manufacturing efficiency, possibly reducing workforce needs.
- Economic conditions influencing consumer demand for sports goods and impacting employment in this sector.
- Shifts in global sports trends and events potentially affecting production levels and employment figures.
