In 2023, the number of persons employed in the wearing apparel sector, except fur, in Brazil stood at a higher baseline compared to forecasted data. From 2024 to 2028, employment is projected to decline steadily, with a notable contraction at each yearly interval.
- Year-on-Year variations indicate a consistent decrease, reflecting a shrinking workforce.
- Compound Annual Growth Rate (CAGR) further illustrates this downward trend over the five-year forecast period, highlighting industry pressures.
Future trends to watch include potential impacts from technological advancements, shifts in consumer preferences towards sustainable fashion, and industry consolidation which may influence employment dynamics further.
