Based on the forecast data, the Canadian textiles, wearing apparel, and leather products manufacturing sector is expected to experience modest growth from 2024 to 2028. Starting at 35.58 thousand jobs in 2024, the sector is projected to grow steadily to 37.86 thousand jobs by 2028. The year-on-year growth rate averages around 1.6% during this period. In 2023, the sector had an actual employment of approximately 34.93 thousand jobs, indicating a positive trend as the industry slightly rebounds post-pandemic challenges.
Future trends to watch for include:
- Impact of sustainable and ethical manufacturing practices on job creation.
- Technological advancements reshaping the manufacturing process.
- The potential role of government policies in bolstering the sector.
- Global supply chain dynamics, particularly with respect to raw material sourcing.
