The beverage serving activities sector in Finland has shown consistent growth from 2013 to 2023, standing at 5.89 thousand employees in 2023. The year-on-year analysis highlights significant growth in certain years, such as 2019 with a 15.15% increase. However, 2020 saw a slight decline of 1.65%, likely due to external factors such as the COVID-19 pandemic. The sector had a strong recovery in the following years, with a 7% increase in 2021. The CAGR over the past five years has been robust, averaging at 5.86%, indicating a healthy upward trend.
Looking ahead, forecasted data suggests continued growth, with the number of employees expected to reach 7.07 thousand by 2028. This represents a forecasted five-year CAGR of 2.87% and a five-year growth rate of 15.19%. This growth trajectory indicates a steady expansion of the sector, although at a slightly lower rate compared to the previous five years.
Future trends to watch for include potential impacts from economic fluctuations, changes in consumer behavior, and technological advancements in the beverage industry. Monitoring these factors will be crucial for understanding and anticipating further developments in the sector.
