The textile and wearing apparel sector in Japan is forecast to undergo a steady decline in employment from 2024 to 2028. Employment is expected to decrease from 329,000 persons in 2024 to 289,000 persons by 2028. This represents a year-on-year decline averaging approximately 3.1% from 2024 to 2028. The compound annual growth rate (CAGR) for this period indicates a declining trend, impacting sector employment significantly over five years.
Future trends to watch for in this sector include:
- Automation and technological advancements potentially reducing the need for labor.
- Shifts in consumer preferences towards sustainable and digital fashion affecting production methods and employment needs.
- Trade policies and economic conditions influencing the overall textile and apparel market dynamics in Japan.