Forecast: Employment in Plumbing, Heat and Air-Conditioning Installation Sector in Finland

The employment in the Plumbing, Heat, and Air-Conditioning Installation sector in Finland exhibited a positive growth trend from 2013 to 2023. Notably, the employment in 2023 stood at 21.41 thousand full-time equivalents, with the sector experiencing fluctuating year-on-year variations. The employment growth peaked in 2016 with an 11.42% increase but also saw declines such as in 2017 (-9.84%). The compound annual growth rate (CAGR) varied, highlighting overall positive trends despite some downturns. From 2019 to 2023, the employment experienced moderate yet consistent growth, maintaining an average annual increase of approximately 1.27%.

Future trends to watch for include:

  • Anticipated steady growth with employment expected to reach 22.86 thousand full-time equivalents by 2028.
  • An average annual growth rate of around 1.05% over the next five years.
  • Technological advancements and increased demand for eco-friendly systems potentially driving employment rates higher.

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