The number of persons employed in the footwear sector in Turkey has seen fluctuations over the years with notable year-on-year variations: a significant increase in 2020 followed by moderate growth up to 2023, where it reached 56.66 thousand employees. Over the last two years, employment grew by 3.37% in 2022 and 3.22% in 2023. The compound annual growth rate (CAGR) for the last five years up to 2024 stands at 2.86%. Under forecasted conditions, employment is expected to rise steadily from 58.41 thousand in 2024 to 65.24 thousand in 2028, with a forecasted 5-year CAGR of 2.24% and an overall growth rate of 11.7% over the period.
Future trends to watch for include:
- Technological advancements in manufacturing processes, which may impact labor needs.- Potential shifts in global trade policies affecting the footwear industry.- Changing consumer preferences towards sustainable and digitally-tailored footwear products.- Economic factors such as inflation and exchange rates that may influence employment and production levels.
