As of 2023, the employment in the footwear sector in France stood as a baseline since detailed figures for this year are unavailable. Forecasted data indicates that employment will decrease significantly from 2.11K employees in 2024 to 0.576K in 2028. This reduction represents a continuous year-on-year decline, demonstrating the sector's contraction in France. Specifically, each year is expected to see an accelerated drop in employment figures, with a five-year CAGR reflecting a notable descent.
Future trends to watch for include:
- Potential impacts of automation and technology on employment rates.
- Shifts in consumer demand towards sustainable and locally-produced footwear.
- Possibility of government or industry interventions to mitigate job losses.
