The sector saw erratic employment trends from 2013 to 2023 with significant fluctuations. Year-on-year variations include notable growth in 2015 (9.08%) and decline in 2020 (-9.8%). From 2018, employment declined at a steady rate, leading to a forecasted 5-year CAGR of -2.78% and an expected overall decrease of 13.16% by 2028. The last two years' variations show a diminished trend of -3.11% (2022) and -3.18% (2023).
Key factors influencing future employment include technological advancements, shifts in consumer behavior, and potential shifts in global supply chains. Monitoring these could provide deeper insights into the sector's longer-term trajectory.
