The wood panel products and veneer sheets sector in France is expected to experience a steady decline in employment from 2024 to 2028. The number of employees is projected to decrease from 4.24 thousand in 2024 to 3.55 thousand by 2028. This represents a year-on-year reduction rate ranging from around 4% to 5%, with an overall CAGR reflecting a notable downward trend over these years.
Future trends to watch for:
- Innovation in manufacturing processes and materials, potentially reducing labor needs.
- The impact of technological advancements and automation on workforce requirements.
- Shifts in global demand and supply chain dynamics affecting employment.
- Potential environmental regulations influencing sector employment.