The number of employed persons in the wearing apparel sector in Switzerland has shown a consistent decline from 2024 to 2028, starting from 2.96 thousand employees in 2024 and decreasing to 2.47 thousand in 2028. When looking at the year-on-year variations, we see a decrease of approximately 4.05% from 2024 to 2025, followed by a similar annual decrease pattern: 4.23% from 2025 to 2026, 4.78% from 2026 to 2027, and 4.63% from 2027 to 2028. These figures imply a compounded annual growth rate (CAGR) of approximately -4.42% over the 5-year period.
Future trends to watch for:
- Impact of technological advancements and automation in production processes.
- Shifts in consumer behavior towards sustainable and locally-produced apparel.
- Influence of global economic conditions on Switzerland’s apparel industry.
