The number of employees in the clothing sector in Turkey stood at 666,000 in 2023. Analyzing the annual changes from 2014 to the present reveals fluctuating trends: a drop in 2015 and 2016, followed by growth in subsequent years, with significant increases in 2018 and 2019. Despite a decrease in 2020, the sector rebounded with moderate growth through 2023. The year-on-year variation in 2023 was 0.76%, showing stable growth, while the CAGR over the last five years averaged 1.34%.
Looking toward the future, the employee count is expected to continue to rise, reaching 689,000 by 2028. The forecasted average annual growth rate over the next five years is 0.53%, which indicates a slow but consistent increase, cumulating to an overall growth rate of 2.68% by 2028.
Future Trends to Watch For:
- Impact of technological advancements and automation on labor demand in the sector.
- Shifts in global supply chains potentially affecting employment levels.
- Changes in domestic and international economic policies influencing the sector.
- Evolving consumer preferences and their impact on the apparel manufacturing industry.