Forecast: Employment in Wholesale of Household Goods Sector in the UK

Between 2013 and 2023, employment in the UK's Wholesale of Household Goods sector has exhibited overall growth despite some year-on-year fluctuations. The sector stood at 271.9 thousand full-time equivalents (FTEs) in 2023, signaling a steady increase compared to 2013. Initial growth phases saw significant uprisings, like a 10.79% increase in 2017. More recent years showed stabilizing growth, with modest year-on-year increases of 0.67% in 2023.

Future trends to watch for:

  • Post-2023, continued steady growth is forecasted, with a five-year Compound Annual Growth Rate (CAGR) of 0.49%.
  • Automation and digital transformation may drive productivity but could impact employment rates.
  • Supply chain innovations and sustainability trends could create new roles within the sector.

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