The analysis of plastic packaging goods hours worked in Finland from 2013 to 2023 shows a prominent decline. In 2023, the value stood at 1.6907 million hours, marking a year-on-year decrease of 7.19%. The CAGR over the last five years (2018-2023) was -6.37%. Historical data display fluctuation trends with an overall downward trajectory, evidenced by significant decreases in recent years.
Looking ahead, from 2024 to 2028, the forecast indicates a continued decline, with the hours worked expected to drop to 1.055 million hours in 2028. The forecasted five-year CAGR is -7.54%, reflecting an industry contraction of 32.42% over this period.
Future trends to watch for include technological advancements in automated packaging processes, shifts in consumer demand towards more sustainable packaging solutions, and regulatory changes aimed at reducing plastic use. Additionally, global economic conditions and trade dynamics could further influence the sector’s labor requirements.
