The employment in the manufacture of domestic appliances sector in Finland has shown a declining trend from 2013 to 2023, with a reduction from 759 to 555 full-time equivalents (FTEs). The past decade has seen several fluctuations, with a notable decrease of 3.98% year-on-year in 2023. Over the last two years, the sector experienced a compounded annual growth rate (CAGR) of -3.61%, indicating a consistent downturn. For the subsequent five years, the forecasted CAGR stands at -3.82%, projecting continued decline, reaching 436.85 FTEs by 2028.
Future trends to watch for include potential impacts of automation, shifts in consumer demand towards smart appliances, and economic factors that could influence manufacturing operations. A focus on sustainability and green technologies might also play a critical role in shaping employment trends in this sector.
