In 2023, employment in the Specialized Construction Activities sector in the Netherlands was 186.16 thousand Full-Time Equivalents (FTEs). Over the span of the past decade, the sector has experienced varying growth patterns. Initially, there was a notable decline in employment from 2013 to 2014, followed by a phase of stabilization and gradual growth between 2015 and 2017. From 2018 onwards, the sector experienced consistent growth, with annual increases ranging from 2.25% to 3.96%.
The average annual growth rate (CAGR) over the last five years has been positive, indicating a stable upward trend. Looking ahead, the forecast for the next five years predicts continued growth, albeit at a slightly slower rate, with a forecasted CAGR of 1.61% and an overall growth rate of 8.32% by 2028.
Future trends to watch for:
• A focus on sustainable construction practices may influence employment trends.
• The incorporation of advanced technologies and automation could impact the demand for certain skill sets.
• Economic factors, including housing market dynamics and infrastructure investments, will play a crucial role in shaping employment figures.
