The number of persons working at establishments with 300 or more employees in Japan's eating and drinking industry is set to experience moderate growth between 2024 and 2028. The forecast shows an increase from 1.0472 million in 2024 to 1.0678 million in 2028. Comparatively, 2023 saw this number at approximately 1.0415 million. The year-on-year growth ranges from roughly 0.5% to 0.6%, with a 5-year compound annual growth rate (CAGR) indicating a steady rise.
Future trends to watch include:
- Impact of automation and digitalization on employment numbers.
- Changing consumer preferences driving demand for employment in diverse cuisine offerings.
- Potential labor shortages due to Japan's aging population and declining birthrate.
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