Forecast: Preparation and Spinning of Textile Fibres Number of Persons Employed in the UK

The number of persons employed in the preparation and spinning of textile fibres in the UK was 2.42 thousand in 2023. The forecast for the years 2024 to 2028 shows a consistent decline. Year-on-year, employment decreases by 3.8% in 2024, followed by a decline of 3.8% in 2025, 4% in 2026, 4.2% in 2027, and 3.9% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 reveals an average annual decrease of approximately 3.94%.

Future trends to watch for:

  • Automation and technological advancements may further reduce employment in the textile industry.
  • Sustainability initiatives could impact fibre production, influencing employment needs.
  • Global economic factors and trade policies might play a role in labor demand shifts.

Top Countries about Textile Fiber