In 2023, employment in the Preparation and Spinning of Textile Fibres sector in France stood at 2.03 thousand full-time equivalents. Forecasts for 2024 to 2028 show a steady decline, with figures dropping from 1.92 to 1.49 thousand. The year-on-year analysis highlights a consistent decrease of approximately 5.73% in 2024-2025 and 6-7% in subsequent years. The CAGR over the next five years is expected at around -6.2%, signaling contraction in this sector.
Future trends to watch for include:
- Increased automation potentially affecting job numbers further.
- Potential growth in sustainable textile production may offer new employment opportunities.
- Economic and political shifts in the EU could affect sector stability.