The employment in the footwear sector in Poland has experienced both growth and contraction over the past decade. From 2013 to 2023, there's been a notable fluctuation, with a significant drop in 2020 followed by a recovery phase. Specifically, the value stood at 16.28 thousand FTEs in 2023. Year-on-year variations have shown high volatility with notable drops in years like 2015 and 2020, but periods of recovery like 2017 and 2018. The last five-year period posts an average annual decline (CAGR) of -1.15% until 2023. Moving forward, from 2024 to 2028, the sector is forecasted to grow modestly with a forecasted CAGR of 0.43%.
Future trends to watch for:
- Technological advancements and automation impacting labor demand.
- Changing consumer preferences towards sustainable and locally produced footwear.
- Impact of international trade policies on exports and imports.
- Potential effects of economic fluctuations on consumer spending.