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.