Forecast: Employment in Textiles Weaving Sector in the Netherlands

The employment in the textiles weaving sector in the Netherlands shows a consistent decline from 2013 to 2023, reducing from 923 units to 563 units in 2023. This indicates a significant downward trend with various degrees of year-on-year declines, peaking in 2016 with a -12.34% drop and stabilizing somewhat in later years. The overall Compound Annual Growth Rate (CAGR) from 2013 to 2023 underscored a continuous decrease.

The forecasted data from 2024 to 2028 suggest further declines, with employment expected to decrease from 538 units in 2024 to 453 units in 2028. The future trend continues with a forecasted CAGR of -3.38%, predicting a likely drop of 15.8% over the next five years.

Future Trends to Watch For:

• Application of new technologies and automation in the textiles weaving sector which may influence employment figures.
• Industry shifts and potential outsourcing which could further impact local employment rates.
• Economic policies and trade agreements affecting the Dutch textiles market landscape.