The employment in the Plumbing, Heat, and Air-Conditioning Installation Sector in Spain is forecasted to decline steadily from 2024 to 2028. In 2023, employment stood at 69,000 FTE. Over the subsequent years, this trend is expected to continue, with a year-on-year decline of approximately 6.5% in 2025, 6.9% in 2026, 7.3% in 2027, and 7.8% in 2028. The compound annual growth rate (CAGR) projects an average decline of 6.6% per year over the five-year period.
Future trends to watch for:
- Technological advancements and automation in the industry.
- Changes in regulatory and policy framework impacting employment.
- Impact of economic conditions on construction and renovation activities.
- Shifts toward energy-efficient and sustainable solutions.
- Development of new skills and training programs to adapt to evolving industry demands.