Forecast: Number of Persons Employed in Packaging Paper Sector in Germany

Over the past decade, the number of persons employed in the packaging paper sector in Germany has demonstrated a fluctuating but generally positive trend, starting at 56.99 thousand employees in 2013 and increasing to 65.81 thousand in 2023. The years leading up to 2018 saw gradual growth, peaking significantly in that year and remaining relatively stable with minor fluctuations through to 2023. The forecasted values indicate a steady increase, projecting 67.23 thousand by 2028. As of 2023, the sector stood at 65.81 thousand employees. Year-on-year variations show notable increases in certain years such as 2018, while other years, like 2020, displayed a decline. From 2022 to 2023, the sector saw a modest growth of 0.45%. The last 5 years' CAGR reveals a slight negative trend of -0.61%, while the forecasted CAGR for the next 5 years is projected at 0.34%, suggesting gradual stabilization.

Future trends to watch for include technological advancements that may impact employment needs, sustainability initiatives driving increased demand, and economic factors influencing sector growth. Monitoring these trends will provide insights into potential increases or stability in employment numbers.