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

The number of self-employed persons in textiles and wearing apparel in Germany is stable at 5,000 through 2024 and 2025, but declines by 20% to 4,000 in 2026, maintaining this level through 2028. In terms of recent years, this reflects a significant shift from 2023. The compound annual growth rate (CAGR) shows a negative trend from 2024 to 2028, indicating a decline in self-employment in the sector.

Future trends to watch for:

  • The impact of digital transformation and automation on self-employment.
  • Potential shifts towards sustainable and ethical fashion impacting business models.
  • Economic factors and potential policy changes affecting small businesses.

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