The employment in the rubber and plastics products, and other non-metallic mineral products sector in France is projected to decrease steadily over the forecasted period from 2024 to 2028. Starting at 228,000 persons in 2024, the number is expected to decline to 214,000 by 2028. This represents a consistent year-on-year decline, highlighting a diminishing workforce.
Notably, a Compound Annual Growth Rate (CAGR) over this five-year period indicates an average reduction in workforce each year, which suggests structural challenges within the sector. In 2023, the employment figure stood at 230,000, marking a slight decrease into 2024 as per forecasts.
Future trends to monitor include potential automation and technology advancements, which could further impact workforce numbers. Additionally, shifts in consumer preferences and environmental regulations might reshape industry dynamics, influencing employment opportunities. Keeping an eye on these elements will be crucial for stakeholders in strategic planning.
