The employment in the Warehousing and Storage Sector in Norway is forecasted to see a slight decline from 2024 to 2028. In 2023, the employment stood at 1.20 thousand FTEs. Over the upcoming years, the employment is expected to decrease gradually: from 1.18k in 2024 to 1.12k in 2028.
Year-on-year, the sector shows the following variations:
- 2024: -1.67%
- 2025: -0.85%
- 2026: -1.71%
- 2027: -0.87%
- 2028: -1.75%
Over the five-year period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) is approximately -1.30%, indicating a slow but consistent decline in employment.
Future trends to watch for in this sector include the impact of automation and digitalization on warehousing operations, potential economic shifts affecting the storage demand, and evolving logistics and supply chain strategies that could influence workforce requirements.