Forecast: Number of Employees in Carpets and Rugs Sector in Germany

The number of employees in the carpets and rugs sector in Germany is forecasted to decline from 2.88 thousand in 2024 to 2.61 thousand in 2028. The year-on-year decrease from 2024 to 2025 is approximately 2.43%, followed by a similar decline in subsequent years: 2.49% from 2025 to 2026, and 2.19% from 2026 to 2027, and finally a 2.61% drop from 2027 to 2028. This results in a compound annual growth rate (CAGR) of about -2.42% over the forecast period from 2024 to 2028.

Future Trends to Watch:

Observing this steady decline, it is essential to monitor technological advancements, changes in consumer preferences towards sustainable and eco-friendly products, and potential economic fluctuations which may significantly influence employment numbers in the carpets and rugs sector. Additionally, global competition and trade policies could further impact this trend.