From 2013 to 2023, the employee count in Austria's carpets and rugs sector showed varied trends. Starting at 305 in 2013, the number generally increased, reaching 376 employees in 2023. Notably, significant year-on-year variations include a peak growth in 2017 at 7.49% and a sharp decline in 2020 at -18.16% due to possible market disruptions. The five-year CAGR leading up to 2023 stands at -0.32%, reflecting a somewhat stable but slow-growth phase.
The last two years before 2024 showed positive movement with a year-on-year increase of 7.16% in 2022 and 4.74% in 2023, signaling a recovery phase.
Forecasts up to 2028 predict modest growth with a five-year CAGR of 0.68%, reaching 392 employees by 2028. Future trends to watch for include technological advancements in manufacturing, changes in consumer preferences, and potential economic fluctuations which could impact the sector's employment dynamics.