From 2013 to 2017, the number of persons employed in the rubber products manufacturing sector in Austria experienced a mixed trend with slight declines and minimal rises, resulting in a general stagnation. Notably, in 2018, there was a significant rise of 10.66%, initiating a period of steady but modest growth through 2023, reaching 2.26 thousand employees. The Compound Annual Growth Rate (CAGR) for the last five years (2019-2023) averages 0.47%, indicating slow growth.

Future trends to watch for:

The forecast indicates continued minimal growth, with a 5-year CAGR of 0.12% and a projected total growth rate of 0.62% by 2028, reaching 2.28 thousand employees.
Monitoring technological advancements and their impact on production efficiency and labor requirements will be crucial.
Global economic conditions and supply chain factors could play pivotal roles in influencing future employment trends in this sector.