The German textiles, wearing apparel, and leather industry's employment has exhibited a consistent declining trend, notably from 141,000 in 2013 to 112,000 in 2023. The most recent two-year analysis shows sharper declines, with a 3.33% drop in 2022 and 3.45% in 2023. Over the past five years, the compound annual growth rate averaged a negative 3.09%, indicating persistent contraction.
Projected figures for 2028 suggest the workforce will shrink further to 92,000, marking a 14.81% decrease, with a forecasted negative CAGR of 3.16% over the five-year span.
Future Trends to Watch For:
- Automation's impact on labor demand.
- Competitiveness of sustainable and innovative textile products.
- Policy changes affecting industry employment.
