Based on the provided forecast data, the number of persons employed in the leather clothes sector in Belgium is projected to decrease steadily from 14 in 2024 to 9 in 2028. Here are the year-on-year variations:
- 2024-2025: -7.14%
- 2025-2026: -7.69%
- 2026-2027: -16.67%
- 2027-2028: -10.00%
The Compound Annual Growth Rate (CAGR) over the five-year forecast period is approximately -10.54%, indicating a continuous decline.
Key trends to monitor include technological advancements in the leather industry, potential changes in consumer preferences towards synthetic alternatives, and economic factors affecting consumer spending and labor markets. Additionally, policy changes regarding labor laws and international trade agreements may significantly impact employment in this sector.
