In 2023, actual employment in France's knitted and crocheted apparel sector was recorded at 4.48 thousand employees. The forecast from 2024 indicates a steady decline, with employment expected to fall to 3.37 thousand by 2028. This translates to a year-on-year decrease of approximately 5.16% for 2024 to 2025 and a further decline of about 5.69% annually thereafter. Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) reflects an average annual decrease of approximately 5.53%.
Future trends to watch for:
- Technological advancements may further reduce labor needs in manufacturing.
- Potential shifts towards sustainable and handmade products could rejuvenate demand.
- Policy changes impacting trade agreements and textile sectors may influence employment numbers.