The employment in the Glass and Glass Products sector in the UK has experienced several fluctuations over the years. From 2013 to 2016, there was a noticeable decline, followed by a significant increase in 2017. Since then, employment figures have shown a slight upward trend, marked by minor year-on-year variations. As of 2023, employment stood at 23.84 thousand FTE, with recent data indicating a steady but marginal growth.
The last two years have seen minor year-on-year increases of 0.43% each. The last five-year CAGR stands at 0.075%, indicating a relatively stable but slow growth trajectory. Forecasts predict a 5-year CAGR of 0.31% by 2028, with an anticipated growth rate of 1.56%.
Future trends to watch for:
- Technological advancements and their impact on workforce requirements.
- Shifts in environmental regulations affecting production processes.
- Global market dynamics influencing demand for glass products.
