The data reveals a fluctuating trend in employment in the doors and metal windows sector in Denmark from 2013 to 2023. Employment figures peaked at 1.33 thousand employees in 2014, followed by a significant drop in 2016 to 1.06 thousand employees. The overall trend from 2013 to 2023 showed a decline, culminating in 0.997 thousand employees in 2023. The Compound Annual Growth Rate (CAGR) over the last five years has been -3.02%, with year-on-year variation reaching -2.45% in 2023.
Looking ahead from 2024 to 2028, the forecast indicates a continued decline with an average annual decrease (CAGR) of -2.08%, amounting to a total reduction of approximately 9.98% over five years. Employment is anticipated to reach 0.875 thousand employees by 2028.
Future trends to consider:
- Technological advancements and automation in manufacturing processes
- Potential shifts in market demand for doors and metal windows
- Impact of regulatory changes and labor market conditions
