Forecast: Employment in Manufacture of Lifting and Handling Equipment Sector in Poland

The employment in Poland's Manufacture of Lifting and Handling Equipment sector stood at 9.35 thousand full-time equivalents in 2023. Historical data shows fluctuations, with a notable drop in 2020 followed by a recovery phase. Year-on-year variations reveal a peak in 2021 with a 7.17% increase, while recent years indicate more moderate changes, culminating in a 1.06% increase in 2023. Over the last five years, the compound annual growth rate (CAGR) was -1.47%, showing a slight decline.

Looking ahead, forecasted data suggests a gradual decline in employment, reaching 8.91 thousand by 2028. The projected five-year CAGR is -0.77%, indicating a persistent downward trend.

Future trends to watch for:

  • Technological advancements and automation impacting labor requirements.
  • Global supply chain shifts and their influence on domestic manufacturing jobs.
  • Policy changes and incentives from the government to boost sectorial growth.
  • Demand variations in international markets that could affect production and employment levels.

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