Forecast: Number of Self-Employed Persons in Textiles and Wearing Apparel in Japan

In 2023, the number of self-employed persons in textiles and wearing apparel in Japan stood at 61,000. Forecasts indicate a significant decline, with numbers dropping to 54,000 in 2024 and further decreasing annually to 26,000 by 2028. The year-on-year variation from 2024 to 2028 shows a consistent downward trend, reflecting annual percentage decreases. The Compound Annual Growth Rate (CAGR) over the five-year forecast period underscores an average negative growth, indicating a challenging outlook for self-employment in this sector.

Future trends to watch include:

  • Technological advancements may continue to replace traditional roles.
  • Potential policy changes that support industry innovation and revitalization.
  • Global market dynamics affecting demand for textiles and apparel.
  • Shifting consumer preferences and increased outsourcing impacting domestic self-employment.

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