Employment in the warehousing and support activities for the transportation sector in Germany saw significant fluctuations from 2013 to 2023. In 2023, the employment figure stood at 666.73 thousand full-time equivalents.
Year-on-year variations display noticeable changes: a peak in 2014 (12.29%) and a negative dip in 2020 (-6.21%) due to economic disruptions, possibly from external factors like the global pandemic. The years 2021 and 2022 saw moderate recovery with 4.13% and 3.18% growth respectively, leading to a 3.06% rise in 2023.
The 5-year compound annual growth rate (CAGR) up to 2023 was modest at 0.65%, reflecting a period of recovery and stabilization following the disruptions in 2020.
Future forecasts for 2024 to 2028 indicate consistent growth, with a projected 2.13% CAGR over the next five years, expecting to reach 762.64 thousand by 2028. This represents an overall forecasted growth rate of 11.12% over the period.
Future trends to watch for include the impacts of automation and digitalization in warehousing and transportation, potential shifts due to e-commerce demands, and policy changes related to labor and logistics.
