The number of persons employed in the footwear sector in Austria has shown steady but modest changes over the years. In 2023, the employment stood at 1.52 thousand employees. From 2013, the employment has fluctuated, with a notable increase in 2018. Year-on-year variations indicate minor volatility, with both rises and small declines observed. The CAGR provides an insightful average change per year over the periods: from 2019-2023, it was relatively stable. The forecast through 2028 anticipates further stabilization, with a minor 5-year CAGR of 0.1%, signaling minimal growth.
Future Trends to Watch for:
• Impact of automation and technology on employment numbers.
• Changes in consumer preferences towards sustainable and locally produced footwear.
• Effects of global supply chain disruptions and trade policies on production and employment.
