The number of persons employed in the textiles and wearing apparel sector in Japan is expected to decline from 377,000 in 2024 to 305,000 by 2028. In 2023, the employment figure stood at approximately 394,000. The year-on-year percentage decrease highlights a consistent annual decline, with notable shifts at 4.77% between 2024-2025, 5.29% between 2025-2026, 5% from 2026-2027, and 5.57% between 2027-2028. The compound annual growth rate (CAGR) between 2024 and 2028 is expected to be around -5.2%.
Future trends to watch for include:
- Innovations in sustainable materials, potentially affecting workforce dynamics.
- Automation and technological advancements reducing labor demands.
- Global trade policies influencing Japan's textile industry.
- Shifts in consumer preferences towards eco-friendly products.