Between 2013 and 2023, the number of persons employed in the ceramic insulators and insulating fittings sector in Belgium exhibited significant variations. Starting with 8 employees in 2013, the workforce grew to 16 employees by 2023. The sector saw considerable year-on-year growth fluctuations, notably peaking with increases like 16.67% in 2018 and a decline of 20% in 2017. The Compound Annual Growth Rate (CAGR) over the last five years stood at 2.38%, signaling steady growth.
As we look ahead to 2028, expected trends to monitor include:
• Continued moderate growth in employment numbers.
• Impact of technological advancements on labor requirements.
• Potential market shifts due to regulatory changes and sustainability initiatives.
