Based on the data provided, the number of persons employed in the warehousing and storage sector in Germany is forecasted to grow steadily from approximately 89.45 thousand employees in 2024 to 96.36 thousand employees by 2028. This marks an average annual growth rate of around 1.8% over the 5-year period (CAGR). As of 2023, the sector stood at around 87.7 thousand employees, indicating consistent year-on-year growth.
The year-on-year variation between 2023 and 2024 reflects a 2% increase, whereas the projected growth rate between 2027 and 2028 is expected to be around 1.76%. Over the forecast period, growth remains stable with a gradual increment in employment figures annually.
Future trends to watch for include potential advancements in automation and the rise of e-commerce, which may impact labor requirements in the warehousing and storage sector. Additionally, factors such as economic conditions, labor market policies, and technological innovations may play a significant role in shaping employment trends within this sector.