The forecast for the number of persons employed in the packaging paper sector in Norway shows a consistent year-on-year decline from 2024 to 2028. In 2023, the actual number of employees in this sector was higher than any of the forecasted figures, indicating a downward trend. The employment figures are forecasted to decrease from 465 employees in 2024 to 275 employees by 2028. Year-on-year variations reveal a significant decline, with annual reductions of around 10-11%. This declining trend results in a compounded annual growth rate (CAGR) of approximately -11% over the five-year period from 2024 to 2028.
Future trends to watch for include the potential impact of automation and technological advancements, shifts in demand for packaging materials, and changes in regulatory policies related to sustainable packaging. These factors could further influence employment numbers in the packaging paper sector.
