Employment in the Wearing Apparel sector in the Netherlands has shown a significant decline from 2013 to 2023, decreasing from 1.93 thousand Full-Time Equivalents (FTEs) in 2013 to 0.963 thousand FTEs in 2023. The year-on-year variation has been predominantly negative, aside from minor increases in 2016 and 2018. The compound annual growth rate (CAGR) over the last five years stands at -6.64%, reflecting a persistent decline in employment within this sector.
Looking ahead, the forecast suggests a continued downward trend, projecting a decrease from 0.899 thousand FTEs in 2024 to 0.647 thousand FTEs by 2028. The forecasted 5-year CAGR is -6.37%, indicating an ongoing reduction in employment levels.
Future Trends to Watch For:
- Automation and digitalization within the manufacturing processes, potentially reducing labor needs.
- Shift towards sustainable and ethical fashion, possibly impacting traditional apparel manufacturing jobs.
- Global trade policies and their effects on the local apparel industry.