Forecast: Number of Employees in Retail Sale Via Mail Order Houses or Via Internet Sector in Finland

The retail sector in Finland, focusing on sales via mail order houses or the internet, has undergone significant growth between 2013 and 2023. From an initial 743 employees in 2013, the sector increased to 2120 employees by 2023, indicating robust growth.

The year-on-year growth rates reveal substantial fluctuations, notably in 2018 with a 38.47% increase and in 2020 with a 30.17% rise, reflecting periods of rapid expansion. However, 2019 experienced a slight decline of -2.05%. The compounded annual growth rate (CAGR) over the last five years (2019-2023) stands at a strong 7.62%, signifying a consistent upward trend in employment.

Future projections suggest continued growth, with the number of employees expected to rise to 2610 by 2028. This represents a forecasted CAGR of 3.32% for the next five years, translating to a 17.73% overall growth rate until 2028.

**Future trends to watch for:**

• Technology advancements, particularly in automation and AI, affecting operational efficiency and employment needs.
• Consumer behavior shifts towards more online shopping, potentially driving further sector growth.
• Regulatory changes impacting e-commerce and logistics operations.
• Market competition and consolidation influencing workforce demands.