Forecast: Number of Persons Employed in Carpets and Rugs Sector in Spain

The number of persons employed in the carpets and rugs sector in Spain has shown a general upward trend from 2013 to 2023, starting with 841 employees in 2013 and increasing to 1220 employees in 2023. Although there were fluctuations, especially notable was the increase of 17.15% in 2015 and further significant growth of 17.58% in 2020. The compound annual growth rate (CAGR) over the last five years stands at 3.51%. From 2024 onwards, the forecasted CAGR is expected to slow down to 0.51%, with a growth rate of 2.6% over five years. The employed workforce is projected to reach 1260 by 2028.

Future trends to watch for include:

  • Technology Adoption: Increased automation and advanced manufacturing techniques may influence employment numbers.
  • Market Demand: Shifting consumer preferences towards sustainable and eco-friendly products could affect production and employment trends.
  • Economic Factors: General economic health and specific sector investments may also impact employment figures.

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