The employment in the Packaging Paper Sector in Finland has shown a generally declining trend from 2013 to 2023, standing at 1.12 thousand (full-time equivalent) in 2023. This decline includes notable year-on-year variations such as a 4.6% decrease from 2022 to 2023 and a 4.48% decrease from 2021 to 2022. The compound annual growth rate (CAGR) for the period leading up to 2023 is -3.44%, indicating a steady reduction in employment figures.
Looking ahead, forecasts suggest a continued decline in employment, with values expected to drop to 0.859 thousand by 2028. The five-year CAGR from 2024 to 2028 is projected to be -4.24%, amounting to a total reduction of 19.49% over these years. This suggests the sector will face ongoing challenges, likely due to technological advancements and productivity improvements reducing the need for manual labor.
Future trends to watch for include:
- Automation and digitalization potentially accelerating the decline in employment.
- Changes in consumer preferences impacting packaging demands.
- Sustainability initiatives influencing operational practices and possibly workforce requirements.
