The employment in the packaging paper sector in Austria has shown variable trends from 2013 to 2023. In 2023, the employment value stood at 6.47 thousand Full-Time Equivalent (FTE). Notable fluctuations include a sharp increase of 16.24% in 2019 and more stable growth averaging a 4.47% CAGR over the past five years, marked by year-on-year variations of 2.78% and 3.01% in 2022 and 2023, respectively. Future projections estimate continued growth, with a forecasted CAGR of 1.72% over the next five years, culminating in an 8.88% overall growth by 2028.
Future trends to watch for include:
- Technological advancements leading to increased automation.
- Potential impact of sustainable and eco-friendly packaging initiatives.
- Global supply chain dynamics affecting labor demand in the sector.
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