In the Canadian textiles, wearing apparel, and leather products manufacturing sector, employment is forecasted to increase from 35,580 (thousand persons) in 2024 to 37,860 by 2028. This represents a steady growth trend with year-on-year variations showing modest increases: around 1.9% in 2025, 1.7% in 2026, 1.4% in 2027, and 1.3% in 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is approximately 1.6%.
Key future trends to watch include:
- Automation and technological advancements impacting labor requirements.
- Shifts in consumer demand towards sustainable and ethically produced apparel.
- Potential trade policy changes influencing raw material sourcing and cost structure.