Forecast: Employment in Plastics and Synthetic Rubber Sector in Germany

Based on the forecasted data, employment in the sector is expected to decline consistently from 34.86 thousand FTEs in 2024 to 26.1 thousand FTEs in 2028. The year-on-year percentage variations are: [-6.37% (2025), -6.74% (2026), -7.17% (2027), -7.65% (2028)]. Over the last two years, the average annual decline is 6.77%. The compound annual growth rate (CAGR) for the forecast period (2024-2028) is approximately -7%.

Future trends to watch include developments in automation and sustainability efforts, which could further impact employment. Additionally, shifts in global supply chains and policy changes might influence the employment landscape in this sector.

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