The employment in the Pulp and Paper and Paperboard Sector in Spain has experienced significant fluctuations from 2013 to 2023, with a general declining trend. The employment decreased from 9.35 thousand in 2013 to 8.68 thousand in 2023. Year-on-year variations reveal periods of both decline and growth, such as a 10.39% drop in 2014 and a 6.29% growth in 2015. However, there has been a consistent annual decrease in recent years, with a 1.51% reduction from 2022 to 2023. The five-year CAGR from 2019 to 2023 indicates a slight negative growth rate of 0.82%.
For the future, the forecast from 2024 to 2028 shows a continued decline in employment, with a predicted 5.15% reduction over five years and a forecasted CAGR of -1.05%. This suggests a persistent downward trend in the sector.
Future trends to watch for include:
- Automation and technological advancements potentially leading to further workforce reductions.
- Environmental regulations and sustainability practices impacting operational and employment structures.
- Market demand shifts towards digital media reducing the need for traditional paper products.