As of 2023, the number of employees in the manufacture of sports goods sector in Germany stood at approximately 8.85 thousand. From 2024 onwards, the forecasted data shows a consistent year-on-year growth, with the number of employees expected to rise to 10.08 thousand by 2028. This reflects an increase of 0.25 thousand employees per year on average over the next five years.
The compound annual growth rate (CAGR) over this period is indicative of a steady growth trajectory in the sector. This positive trend is driven by increasing demand for sports goods and advancements in manufacturing technologies.
Future trends to watch for include:
- The impact of digitalization and automation on employment within the sector.
- Potential shifts in global supply chains influencing employment dynamics.
- Increasing consumer preferences for sustainable and custom sports goods.