The forecast for the number of persons employed in the preparation and spinning of textile fibers sector in the UK indicates a steady decline from 2024 to 2028. Starting at 2.34 thousand employees in 2024, the sector is expected to experience an annual decrease in employment, reaching 1.99 thousand by 2028. This suggests a year-on-year decline of approximately 3.9% on average. The compound annual growth rate (CAGR) over this five-year period is negative, signaling a contracting sector. As of 2023, the employment stood at 2.43 thousand employees.
Future trends to watch for in this sector include the impact of technological advancements and automation which could further reduce manpower needs. Moreover, sustainability initiatives and shifts in global textile market dynamics might influence employment figures and demand for specific fiber processing skills.
