The employment in the warehousing and storage sector in Spain showed fluctuating growth from 2013 to 2023. Each early part of the period (2013-2014) saw a decline, but employment levels began rebounding in 2015. By 2023, the sector employed 36.66 thousand people, showcasing a consistent upward trend, especially strong from 2016 onward. The average annual growth rate (CAGR) over the last five years was 3.39%.
Key trends and variations:
- 2013 to 2014: Negative growth, down by 8.57% and 3.59%, respectively.
- 2015 to 2017: Positive turnaround with substantial growth in 2016 (11.55%) and further in 2017 (12.77%).
- 2018 to 2023: Consistently positive yet varying growth rates, with a peak in 2020 (5.79%) and lower rates in subsequent years, leading up to 2.61% in 2023.
- 2024 to 2028 (forecast): Employment is predicted to increase steadily at an average CAGR of 1.82%, achieving an overall growth rate of 9.44% over five years.
Future trends to watch for: Automation and technological advancements in warehousing may impact employment growth. However, the increasing demand for storage solutions, driven by e-commerce expansion and supply chain optimization, will likely sustain or amplify employment in the sector.
