Analyzing the number of employees in the warehousing and storage sector in Finland, there is a significant downtrend over the past decade. In 2014, employment stood at 7.01 thousand, but by 2023, it had decreased to 2.01 thousand. Most notably, the years 2015 and 2017 showed steep declines of -38.79% and -36.36%, respectively. Over the last five years, the Compound Annual Growth Rate (CAGR) has been approximately -5.68%.
From 2024 to 2028, this decline is projected to continue sharply. By 2028, employment is forecasted to drop to 1.33 thousand, indicating a forecasted 5-year CAGR of -6.63% and a total decline of 29.03% over this period.
Future trends to watch for include the impact of increased automation and digitization on labor demand, the potential recovery or decline in economic conditions post-COVID-19 pandemic, and government policy changes affecting the sector.
