In 2023, the number of persons employed in the UK sawmilling and planing of wood sector was estimated at approximately 10.15 thousand. The figures forecast for 2024 to 2028 show a gradual increase, with employment projected to rise from 10.21 thousand in 2024 to 10.45 thousand by 2028. The yearly growth rate remains stable, reflective of a slow but steady expansion in the industry.
Year-on-year growth is consistently around 0.59%, while the compound annual growth rate (CAGR) over the next five years is estimated at approximately 0.57%, signifying a modest yet continuous upward trend in employment levels.
Future trends to watch for include technological advancements in wood processing, shifts in environmental regulations, and demand changes driven by sustainable construction practices. These factors may significantly impact both employment dynamics and sector growth long-term.