In Austria, the employment in the warehousing and storage sector has shown a significant upward trend over the past decade. Starting at 1.5 thousand full-time equivalents (FTEs) in 2013, it increased to 2.44 thousand in 2023, marking a substantial year-on-year rise of around 3.39% in 2023. Over the last two years, the sector experienced a steady annual increase, with a 2.35% compound annual growth rate (CAGR) observed over the past five years.
In the forecasted period from 2024 to 2028, the sector is expected to continue its growth trajectory, reaching approximately 2.83 thousand FTEs by 2028. This represents a 12.23% overall growth rate over the next five years, with an estimated yearly CAGR of about 2.33%.
Future trends to watch for in the warehousing and storage sector include the potential impact of technological advancements such as automation and AI, changes in global supply chain dynamics, and shifts towards more sustainable and eco-friendly practices. Additionally, the evolving e-commerce landscape is likely to continue driving demand for warehousing solutions.
