Forecast: Employment in Manufacture of Domestic Appliances Sector in France

The employment in the Manufacture of Domestic Appliances sector in France has shown substantial variability from 2013 to 2023. From 2013 to 2015, the sector experienced significant declines with double-digit decreases noted in 2015. However, starting from 2016, the sector saw an uptrend, with notable growth peaks in 2017 and a relatively stable increase in the years that followed. As of 2023, the employment stood at approximately 18.61 thousand in Full-Time Equivalent (FTE), reflecting a steady upward trend. The year-on-year growth from 2022 to 2023 was modest at 0.71%, with a five-year compound annual growth rate (CAGR) of 1.45%, indicating sluggish but consistent growth. Future projections up to 2028 suggest a continued gradual increase with a forecast five-year CAGR of 0.51%, translating to a total growth rate of 2.59% over the period.

Future trends to watch for include:

- **Automation and Digitization:** Advancements and increased adoption of automation and smart manufacturing technologies could impact employment figures.

- **Sustainability and Regulatory Changes:** Stricter environmental regulations and shifts towards more sustainable practices may drive changes in employment dynamics within the sector.

- **Global Supply Chain Influences:** External factors such as trade policies, tariffs, and global supply chain disruptions could have significant repercussions on employment in this sector.

- **Consumer Trends:** Shifting consumer preferences towards smart and energy-efficient appliances might influence manufacturing demand and consequently affect employment levels.

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