In 2023, the number of persons employed in the rubber products manufacturing sector in Brazil was approximately 81.75 thousand. The forecast data from 2024 to 2028 indicates a consistent year-on-year decline, with employment projected to decrease from 80.98 thousand in 2024 to 77.97 thousand by 2028. The annual declines range from 0.8% to 1.0%. The Compound Annual Growth Rate (CAGR) over this five-year period is negative, reflecting a gradual reduction in sector employment.
Future trends to watch include:
- The impact of automation and technological advancements on employment.
- Government policies and investments impacting the manufacturing sector.
- Opportunities and challenges in international trade and exports that could affect industry demand.